Price analysis 1/10: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE By Cointelegraph

[ad_1]



(BTC) dipped below the $40,000 level on Jan. 10 for the first time since September 2021. The crypto markets were not alone as the U.S. equity markets also witnessed strong selling when traders chose to reduce risk and piled into the , which surged to 1.8% from 1.51% at the end of 2021.

On Jan. 9, Goldman Sachs (NYSE:) chief economist, Jan Hatzius, said that the U.S. Federal Reserve may increase rates by four quarter-percentage points in 2022.

Daily cryptocurrency market performance. Source: Coin360