Bitcoin slips below $29,000 and Ethereum now under $2,000 as crypto sell-off continues

Published by
City AM

By Darren Parkin There are few winners in crypto markets today as prices continue to slide after what seemed a promising rally on the back of cooling inflation numbers from the US last week. Bitcoin (BTC) and Ethereum (ETH) struggled to hold support around key levels, with the leading crypto by market cap dipping first below $30k and later $29k. ETH is trading below $2k this morning. The further sell-off, following on yesterday’s slide, may have been triggered by hot inflation figures coming from the Bank of England (BoE) this time, where inflation remains in double-digits at 10.1%. As for inf…

Read More