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What was bitcoin's steepest day since Jan 21?

The 6.6% drop for the largest cryptocurrency was bitcoin’s steepest since Jan. 21. Bitcoin suffered its worst day since Jan. 21 (CoinDesk price page) Bitcoin ( BTC) plummeted in late trading Thursday to below $41,000, the biggest daily dip since Jan. 21. BTC was changing hands at $40,983 at the time of publication.

Is bitcoin the victim of a major de-risking environment on Wall Street?

"Bitcoin was the victim to a major de-risking environment on Wall Street as investors view short-term geopolitical risks and potential overly aggressive [Federal Reserve monetary] tightening as a risk to all risky assets," said Edward Moya, senior market analyst at the foreign-exchange brokerage OANDA.

How much did bitcoin lose in 2022?

Other popular cryptocurrencies including ether ( ETH) and solana ( SOL) posted losses both near 7%. The price drop extended bitcoin's losses so far in 2022 to about 13%. . Please note that our,, cookies, and do not sell my personal information has been updated.

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