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Rising rates tend to make future earnings for growth assets look less attractive. Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals NewsBitcoin price tested the USD 25,000 level. Bitcoin Dives https://reidlzvx.bloggersdelight.dk/2022/06/14/bitcoins-price-predictions-come-true-following-major-gains/ to USD 21K, Ethereum Tests USD 1.1K, FTM, THETA, and GALA Rally Bitcoin price accelerated losses below USD 22,000. Ethereum spiked below USD 1,120, FTM, THETA, and GALA are the best performers today. A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly 12 successive weeks of losses for the asset. Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.
