Crypto Market Plummets as Bitcoin and Altcoins Experience Significant Drops.
TL;DR Summary
The crypto market slumped this week as Bitcoin and Ethereum both dropped over 10%, likely due to the possibility of another interest rate hike from the Fed. The SEC continued its crackdown on crypto businesses, with Bittrex being the latest to be sued for alleged failure to comply with securities laws. Meanwhile, the European Parliament passed the Markets in Crypto Assets (MiCA) bill, unifying the approach to crypto across the EU's 27 member states.
- This Week in Coins: Market Slumps as Bitcoin and Ethereum Drop Over 10% Decrypt
- Bitcoin traders call for calm as BTC price slips 10% in a week Cointelegraph
- Bitcoin, Ethereum And Dogecoin Drop Following Hawish Inflation Data: What To Watch Over The Weekend Benzinga
- $532,000 Bitcoin (BTC) Price on the Horizon, Predicts Quant Analyst PlanB – Here’s His Timeline The Daily Hodl
- Bitcoin Threatens To Drop Below $27,000 As Alpha Crypto's Freefall Sees No Let-Up Bitcoinist
Reading Insights
Total Reads
0
Unique Readers
9
Time Saved
3 min
vs 4 min read
Condensed
88%
618 → 74 words
Want the full story? Read the original article
Read on Decrypt