Bitcoin and Ether further battered by 10% loss in 24 hours

Mark Battersby
clock • 2 min read

Bitcoin has fallen by 10% in 24 hours to below $25,000, its lowest level since December 2020, while Ether similarly plunged 13% to below $1,270, its lowest level since January 2021. Bitcoin had reached heady heights in November 2021 of more than $68,000 and has since lost 61% of its value while Ether has fallen by 72% since its respective November high.  Crypto fans have become used to volatile rides, but these rollercoaster descents are increasingly hard to stomach, according to Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown. She said: ‘'As inflation...

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