News > 'Looking Ugly': Crypto Prices Tumble Again After $300 Billion Sell-Off
'Looking Ugly': Crypto Prices Tumble Again After $300 Billion Sell-Off
CNBC TV18 | 09/01/2022 11:48 AM | Click to read full article
Bitcoin fell as much as 3% to below $41,000 bringing its losses to more than 12% since the Fed warned it may move more aggressively to remove pandemic-era stimulus as it looks to combat high levels of inflation.
Bitcoin was far from alone in falling Saturday afternoon. Over the past 24 hours, ether, Binance coin and sol were down 5%, 6% and 3%, respectively.