Bitcoin dropped 8.3% over the past 24 hours to US$25,240.08, according to CoinMarketCap data, as higher-than-expected inflation led to market concerns over the Fed acting more strongly to counter inflation. The entire market cap of crypto assets is below $1 trillion for the first time since January 2021.
Bitcoin (BTC) drops below $23,000, lowest in 2 years
The entire market cap of crypto assets is below $1 trillion for the first time since January 2021
