scorecardresearchBitcoin Slumps as Much as 10% in Deepening Crypto Sector Selloff

Bitcoin Slumps as Much as 10% in Deepening Crypto Sector Selloff

Updated: 14 Jun 2022, 07:47 AM IST
TL;DR.
Bitcoin extended declines on Tuesday as investor sentiment took another leg down over fears that bigger Federal Reserve interest-rate hikes loom to quell inflation.
A Bitcoin sign is displayed outside an automotive workshop where the cryptocurrency is accepted as a payment method in San Salvador, El Salvador, July 13, 2022. REUTERS/Jose Cabezas

A Bitcoin sign is displayed outside an automotive workshop where the cryptocurrency is accepted as a payment method in San Salvador, El Salvador, July 13, 2022. REUTERS/Jose Cabezas