The Wall Street Journal

Bitcoin Price Slides as Crypto Rout Builds

A selloff in cryptocurrencies deepened Tuesday, with bitcoin’s value briefly falling below $21,000. Bitcoin, the world’s largest cryptocurrency by market value, fell as low as $20,834.50 before rising back to about $22,300 at 5:30 a.m. ET Tuesday, according to CoinDesk. The decline still leaves bitcoin about 4.2% lower than Monday, when it suffered its worst day since March 2020. Cryptocurrencies have come under pressure alongside the broader stock market as investors worry that higher interest

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