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

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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…