Bitcoin slides to lowest level in 21-months amid rate hike as US dollar strengthens
Bitcoin fell to a fresh 21-month low as the prospect of higher interest rates and concerns about the largest corporate buyer of the token weakened sentiment. Bitcoin dropped as much as 1.5% to $57,742 in Asian trading on Wednesday, its lowest level since Sept. 17, 2024, before steadying by 10 a.m. in Singapore. Hawkish comments…
