Bitcoin slips below $29,000 as Ethereum loses its grip on $1.8k

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City AM

By Darren Parkin Bitcoin and Ethereum are both down by almost 2% in the last day, in line with stock markets, which slid for the second consecutive day following uncertainty around future rate hikes, say the analysts. The Fed’s latest minutes revealed division among governors about where to go with rate hikes. There are few winners in crypto markets today. With the exception of one or two lesser-known alt-coins recording short green candles over 24 hours, it’s mostly red for the large-caps. “I agree with the governors that we’re not convinced that inflation is totally in the rearview mirror,” …

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