Bitcoin falls to lowest since January, in line with tumbling stock markets

Source: Reuters

“Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $33,266 in morning trade, testing the January low of $32,951. A fall below that level would be it[s] lowest since July last year. It then steadied to trade around $33,500, down 1.4%.” (05/09/22)