Bitcoin Hits 4-Month Low of $55,366, Ether Down 8%: Why Are Cryptos Falling Today?

Bitcoin Hits 4-Month Low of ,366, Ether Down 8%: Why Are Cryptos Falling Today?

Bitcoin experienced a significant drop, hitting a four-month low of $55,366 on Friday. The cryptocurrency faced its worst weekly performance in a year due to uncertainties surrounding Joe Biden’s potential continuation as the Democrats’ US presidential candidate and concerns about potential increases in crypto supply. On Friday, Bitcoin prices fell by 5 per cent, reaching … Read more