Groundhog Day for Bitcoin as crypto uncertainties linger

Published by
City AM

By Darren Parkin It’s another day in the red for Bitcoin, Ethereum and the rest of crypto as a mix of uncertainties around the US debt ceiling, crypto regulation, and renewed worries about inflation in the UK continue to plague traditional and crypto markets. The price of Bitcoin fell a further 2% to the lower end of $26k while Ethereum dropped below $1.8k and continues to trade in line with the leading crypto. There are few winners in the markets today, with most coins also losing their gains over seven days. A lot has been made about the impasse on the debt ceiling deal in the US and its sta…

Read More