Dusseldorf A lower risk appetite of investors ahead of the upcoming interest rate hike by the US Federal Reserve and regulatory concerns have stopped the recovery rally on the crypto market for the time being. Bitcoin fell back to around $21,000 on Tuesday. According to data from the analysis house Coinmarketcap, the value of the entire crypto market has fallen below the one trillion dollar mark again.
The oldest and most important cryptocurrency has thus returned to its old trading range: Bitcoin has fluctuated between $19,000 and $22,000 since mid-June, before rising to over $24,000 last week.
The recovery of the second-largest digital currency, Ether, has also stopped: the price falls to around $1,400 after being above $1,650 on Sunday.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue