I retreated Bitcoin The cryptocurrency fell below $43,000 on Thursday to test its lowest levels in several months, following the minutes of the latest US Federal Reserve meeting showed its inclination towards more hawkish policy and expectations of interest rate hikes sooner, limiting investors’ appetite for riskier assets.
The world’s largest cryptocurrency was last traded at $42,700, down 1.7%, following losing 5.2% on Wednesday. And if it fell below 42,000, the low it recorded last month, that would be its lowest level since September.
Bitcoin hit a record high of $69,000 in November.
Ether, the second largest cryptocurrency in the world that supports the Ethereum network, lost 5.2% yesterday, Wednesday, and touched its lowest level since October, before rebounding slightly to $ 3,460.
