The price of Bitcoin fell 5.3% to $33,879 on Sunday afternoon and is now about half its all-time high.
It wasn’t immediately clear what had triggered the decline, but the cryptocurrency’s market tumble over the weekend echoed the broader stock market’s decline last week as investors moved away from riskier assets.
Source: Powell Says the Fed Has a Path to a Soft Landing. This Quant Says It Doesn’t Add Up. | Barron’s
