Bitcoin's Volatility Continues to Shake Market Confidence.

1 min read
Source: CoinDesk
Bitcoin's Volatility Continues to Shake Market Confidence.
Photo: CoinDesk
TL;DR Summary

Bitcoin and ether prices dipped below $25,000 and $1,650, respectively, as the market debates liquidity. The Federal Deposit Insurance Corp replaced $40 billion in funds it took from the Treasury General Account, which has caused concern about liquidity. Bitcoin and ether volatility stunned bears and bulls alike over a 24-hour period earlier this week, with crypto futures racking up $300 million in liquidations. The market is uncertain about interest rates, which are used to price every asset on the planet. The next Federal Open Market Committee meeting is scheduled to take place March 21-22.

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