The price of bitcoin fell to its lowest point since September as rising rates continue leading investors to shed positions in risky, growth-oriented assets.
The price of bitcoin fell to its lowest point since September on Monday as rising rates continue leading investors to shed positions in risky, growth-oriented assets.
Bitcoin last fell more than 6% to touch a low of $39,771.91, according to Coin Metrics. Ether fell more than 7% to below the $3,000 mark. The cryptocurrency tumbled as low as $2,940, Coin Metrics found.
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