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Bitcoin, Ether Slide as Risk Aversion Spreads to Crypto Market
Ether, the second-largest token, paced a drop in digital assets following a slump in equities that spread unease in global markets. Ether slid about 6%, the most in three weeks, and was trading at $3,170 as of 11:13 a.m. Thursday in Singapore. Market-leader Bitcoin was down approximately 3% to $64,110. Tumbling megacap technology shares consigned the US stock market to its worst day since 2022 on Wednesday as feverish support for the artificial intelligence theme began to fray. The retreat has soured investors’ mood. “It mainly seems that after a bad night for equities in the US, crypto like most asset classes is ... (full story)
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- Posted: Jul 25, 2024 5:05am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 159
