Bitcoin falls again, last down 4%

Bitcoin falls again, last down 4%
# 23 January 2022 07:30 (UTC +04:00)

Bitcoin dropped again on Saturday and was last down around 4% for the day, hovering around the $35,000 level, APA reports quoting Reuters.

Bitcoin, the world's biggest and best-known cryptocurrency, is now about half its $69,000 peak in November. It was last at $35,049, after falling as low as $34,000 and following a steep fall on Friday.

The currency has had wild price swings and has been hit as risk appetite has fallen on inflation fears and anticipation of a more aggressive pace of interest rate hikes from the U.S. Federal Reserve.

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