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Bitcoin, crypto shares plunge as investors pull back on risky stocks amid recession fears

Bitcoin and US cryptocurrency-related companies shares tumbled on Monday after a weak jobs report and the Fed’s decision not to cut interest rates sparked fears of a US recession over the weekend.

By: New York Post

Aug 06 2024
13
184 Views

Bitcoin, crypto shares plunge as investors pull back on risky stocks amid recession fears — Bitcoin, crypto shares plunge

Bitcoin and US cryptocurrency-related shares tumbled on Monday with the rest of the stock market after a weak jobs report and the Fed’s decision not to cut interest rates sparked fears of a US recession. Bitcoin’s price has fallen more than 15%, to b... [2913 chars]

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