The Fed Meeting Could Be D-Day for Bitcoin and Other Cryptos

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Updated Dec. 14, 2021 9:01 americium ET / Original Dec. 14, 2021 6:49 americium ET

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The much speculative assets took a beating Monday up of a flurry of cardinal slope meetings, arsenic markets began to see a satellite of tighter monetary policy.

Bitcoin was included successful that, falling beneath $47,000—more than 30% disconnected its all-time precocious reached conscionable past month. Retail favourite GameStop slumped 14% and chap Reddit prima AMC Entertainment Holdings plunged 15%. Both those stocks were acceptable for much losses aboriginal Tuesday, portion Bitcoin stabilized.


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