Crypto Selloff: Bitcoin, Ether Slide Amid Network Congestion and Shrinking Liquidity Concerns; U.S. Equity Futures Rise On Slowing Inflation
[CryptoButthead.com , msch, May 12, 2023] The cryptocurrency market experienced significant setbacks as Bitcoin and Ether, two of the largest digital currencies, saw their prices slide. Bitcoin fell below $27,000, largely due to concerns about shrinking liquidity and network congestion that is causing transaction costs to surge. Simultaneously, Ether fell below the critical support level … Read moreCrypto Selloff: Bitcoin, Ether Slide Amid Network Congestion and Shrinking Liquidity Concerns; U.S. Equity Futures Rise On Slowing Inflation