Crypto markets suffer, but deep red slide has levelled out over interest rate fears

By Darren Parkin Leading cryptocurrencies continue to struggle this morning, with the price of Bitcoin still sitting at around $19k after dropping below the psychologically-important $20k level last week. The largest cryptocurrency by market value is changing hands for $19,349 this morning – an increase of 4.47 per cent since this time yesterday, but down 14 per cent since this time last week. The price of Ethereum, the second-largest cryptocurrency by market value, was also about five per cent higher at $1,357, arresting a slide that started after last week’s successful Ethereum Merge. The pr…