Thegrio Politics
@thegriopolitics·150K subscribers·8.3K videos
Crypto Market Plunges $130 Billion in 24 Hours
Posted
January 24, 2022
Views
317
Likes
4
Comments
13
Engagement
5.36%
January 24, 2022
317
4
13
5.36%
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1:31Now PlayingCNBC reports the drop came on the heels of a multi-day sell-off. According to Coin Metrics, Bitcoin was down to $33,755.57, and Ether dropped to $2,239.08.
At one point, both cryptocurrencies hit their lowest points since July. Many investors have been selling tech and crypto stocks in anticipation of the U.S. Federal Reserve tightening monetary policy amid soaring interest rates.
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