Why is the crypto market down today? By Cointelegraph
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The crypto market is down today after the fallout from Silvergate Bank’s demise, a U.S. regulator-led lawsuit against KuCoin exchange and hawkish comments from United States Federal Reserve chair Jerome Powell spooked investors.
(BTC) price hit a monthly low on March 9 at $20,207 and after the key $21,600 level was breached, traders are worried that a revisit of the bear market lows could occur.
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The crypto market is down today after the fallout from Silvergate Bank’s demise, a U.S. regulator-led lawsuit against KuCoin exchange and hawkish comments from United States Federal Reserve chair Jerome Powell spooked investors.
(BTC) price hit a monthly low on March 9 at $20,207 and after the key $21,600 level was breached, traders are worried that a revisit of the bear market lows could occur.
Continue Reading on Coin Telegraph
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