Bitcoin Drops as Tremors From China Unrest Spook Global Markets
Cryptocurrencies slid Monday amid a bout of investor anxiety in global markets sparked by protests in China against Covid restrictions.
Cryptocurrencies slid Monday amid a bout of investor anxiety in global markets sparked by protests in China against Covid restrictions. Bitcoin, the largest token, at one point shed 3.2% and was trading at about $16,170 as of 12:40 p.m. in Tokyo. Second-ranked Ether fell about 4%, while the likes of Solana, Avalanche and Dogecoin suffered even sharper losses. The nerves stoked by!-->…