Bitcoin and Ethereum September Fire Sale

Bitcoin and Ethereum drop – Bitcoin is in the high $18K’s and Ethereum is @ $1300 this morning as September rolls-on. On the bright side, there is cheap crypto to be had out there!

Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high

“Bitcoin (BTC) and Ethereum’s native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England.

Bitcoin price fails to hold $20,000
On Sep. 19, BTC’s price has failed to regain the $20,000 psychological support zone. The BTC/USD pair slipped by 6.5% to around $18,250, while ETH dropped 4% to approximately $1,280.

Their gloomy performance came as a part of a broader decline that started in mid-August, wherein BTC and ETH wiped a total of 28% and 37% off their market valuation, respectively.”

https://cointelegraph.com/news/bitcoin-ethereum-crash-continues-as-us-10-year-treasury-yield-surpasses-june-high

 

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