fbpx
May 29, 2022

News of the Trade

Latest trading, investing, and financial news

Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop  —  Bitcoin slumped to a level last seen in July 2021, part of a wider retreat in cryptocurrencies triggered by a global flight from riskier investments.