Price of Bitcoin Collapses

“A dramatic sell-off in Bitcoin and other cryptocurrencies has outpaced a marked retreat in the U.S. stock market, as the Federal Reserve’s pivot from emergency support spooks investors who piled into highflying but risky assets during the pandemic,” the Washington Post reports.

CNN: “Investors are getting jittery about digital currencies and other riskier assets ever since the US Federal Reserve signaled it may unwind economic stimulus more aggressively than expected.”