Home / Markets / Cryptocurrency / Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799

Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799

The second-biggest coin, Ether, slumped to $2,799, a level not seen since March 18

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The largest cryptocurrency slid as much as 3.3 per cent to $38,223

1 min read Last Updated : Apr 25 2022 | 11:41 PM IST

Bitcoin extended this month’s losses in Monday trade as investors shied away from risk assets amid a more hawkish outlook for Federal Reserve policy tightening. The largest cryptocurrency slid as much as 3.3 per cent to $38,223, the lowest since March 15, and down more than 20 per cent from last month’s high. It was little changed after paring the earlier loss. The second-biggest coin, Ether, slumped to $2,799, a level not seen since March 18.

Topics : Bitcoin cryptocurrency

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