Crypto buyers’ scorching streak ends as harsh ‘winter’ descends

NEW YORK (AP) — The wealth-generating scorching streak for bitcoin and different cryptocurrencies has turned brutally chilly. As costs plunge, corporations collapse and skepticism soars, fortunes and jobs are disappearing in a single day, and buyers’ feverish hypothesis has been changed by icy calculation, in what trade leaders are referring to as a “crypto winter.” … Read more

Bitcoin drops beneath $20,000 as crypto selloff quickens

LONDON (AP) — The value of bitcoin fell beneath $20,000 on Saturday for the primary time since late 2020, in a contemporary signal that the selloff in cryptocurrencies is deepening. Bitcoin, the preferred cryptocurrency, fell beneath the psychologically vital threshold, dropping by as a lot as 9% to lower than $19,000 and hovering round that … Read more