Bitcoin and other cryptocurrency values started to tumble last week, mirroring the downward trend that overtook markets after the Federal Reserve raised interest rates half a percentage point.
Rattled by the latest dips in the stock market, many investors have rushed to dump their bitcoin and other volatile digital currencies in favor of more stable investments like U.S. Treasury bonds, some crypto watchers said. There were almost 43,000 requests to buy or sell bitcoin placed on crypto exchanges last week, representing roughly $3.
Bitcoin's price is falling even though well-known financial institutions are starting to use the digital asset. Fidelity Investments announced last month that it's
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