“Cryptocurrencies tumble, with bitcoin falling 7% and ether down 8% in the last 24 hours”
January 21, 2022
“Bitcoin prices fell sharply on Thursday night, while ether prices also dived, wiping off nearly $150 billion from the crypto market. Bitcoin fell about 7% in the last 24 hours, and dropped as low as $38,287 in the same period, according to CoinDesk. It was last trading at $39,010 as of 4:43 a.m. ET, according to CoinDesk data.
Ether, the second-largest cryptocurrency by market cap, dived nearly 8% in the last 24 hours. It was trading at $2,878 as of 4:43 a.m. ET, after falling as low as $2,809.51 in the past 24 hours, according to CoinDesk. About $147 billion was wiped off the entire cryptocurrency market in the past 24 hours, according to Coinmarketcap.com
The declines in cryptocurrencies follow Wall Street losses on Thursday. The Nasdaq was down almost 5% this week, and the S&P 500 is into its third straight week of losses…”