Tech Nuggets with the Technology: Major cryptocurrencies are crashing: bitcoin drops by 10%+ to below ~$24K, ether drops by 12%+ to ~$1.2K, Avalanche drops 15%+, and Solana drops 14%+ (Bloomberg)

Monday, June 13, 2022

Major cryptocurrencies are crashing: bitcoin drops by 10%+ to below ~$24K, ether drops by 12%+ to ~$1.2K, Avalanche drops 15%+, and Solana drops 14%+ (Bloomberg)

Bloomberg:
Major cryptocurrencies are crashing: bitcoin drops by 10%+ to below ~$24K, ether drops by 12%+ to ~$1.2K, Avalanche drops 15%+, and Solana drops 14%+ — Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.

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