Bitcoin slides below $58,000, rattled by tougher Fed rate outlook
Yahoo Finance -

LONDON (Reuters) -Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of...

Related Articles

Latest in News

More from Yahoo Finance | Federal Reserve interest rate investors Bitcoin Cryptocurrency Ethereum