December 13, 2024 5:42 PM
The Crypto market is experiencing a bright red day as losses in Bitcoin and Ethereum have shocked the evolving financial assets.
From Friday to the time of writing, Bitcoin had a steep decline and was trading below $21.2K, down more than 7% on the day. As regards market capitalization, the biggest cryptocurrency by market value is down 14% for the week.
The downturn began during overnight trading, which also coincide with unusually high inflation statistics in the biggest economy in Europe.
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