Crypto Prices Tumble as Stock Market Falls

Published by
The Street

By Rob Lenihan Cryptocurrencies are falling as inflation fears and a slump in retail stocks pull down the stock market. Cryptocurrency prices were falling on Wednesday as tumbling retail stocks and inflation fears battered Wall Street. Bitcoin was down about 4% to $28,998, and down nearly 60% from its Nov. 10 high of $69,044.77. Ethereum lost 4.5% to $1,961 and dogecoin was off 4.7% to $0.085271 at last check, according to CoinGecko. Hawkish Comments From FedCryptocurrencies and the stock market used to operate independently, allowing investors to move their assets from one to the other depend…

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