Bitcoin and Ethereum dip as altcoins slip into the red

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City AM

By Darren Parkin There are a few red candles creeping in this morning after weeks of sideways movement in the markets. Bitcoin is sitting above $29.1k while Ethereum is trading around the $1.8k mark, both down by around 1% on the day. Altcoin markets have taken a bigger hit, with cryptos like ADA (Cardano) in the red by 3% and SOL (Solana) down by 6%. Analysts say the sell-off may be due to inflation jitters as the US economy shows strong GDP growth, dampening prospects of the Fed ending its rate hiking. Yesterday’s Crypto AM DailyIn the MarketsThe Bitcoin Economy*Data can be found at https://…

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