Bitcoin dips below $40,000 for the first time in nearly a month, in broad crypto market slump


Source: mobi-me.net mobi-me.net

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- Bitcoin and ethereum both fell by as much as 5% at one point on Tuesday as investors ditched riskier assets. - The crypto market was in the red across the board as solana, cardano and polkadot all lost as much as 6%. - Concern over inflation has hit tech stocks and crypto particularly hard and experts say bitcoin could hit $30,000. Bitcoin and ethereum fell on Tuesday, echoing weakness in technology stocks and other riskier assets, as the threat of inflation and increasing likelihood of steep rate rises left investors looking for less volatile investments. Bitcoin was down 3.1%...