Crypto Market Volatility Continues Amid Interest Rate and Inflation Concerns.

1 min read
Source: Barron's
Crypto Market Volatility Continues Amid Interest Rate and Inflation Concerns.
Photo: Barron's
TL;DR

Bitcoin and other cryptocurrencies have fallen in line with the stock market due to macroeconomic forces, but bullish signals suggest positive momentum. Bitcoin's price has dropped 2% in the past 24 hours to below $30,000, a psychologically important mark, and has struggled to consolidate gains or move higher amid signs of profit-taking.

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