Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months

Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months

At press time, bitcoin, (BTC) was changing hands at around $18,700, down 3.8% on the day. Ether (ETH) was trading at just above $1,300, well off last month’s $2,000 price high, even though last week’s Merge on the Ethereum blockchain – the network’s landmark transition to a more energy-efficient “proof-of-stake” system – went smoothly.

Originally Posted on: https://www.coindesk.com/markets/2022/09/19/first-mover-americas-bitcoin-drops-to-3-month-low-as-crypto-traders-turn-to-fed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Bradley Keoun, Omkar Godbole

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