The Federal Reserve is casting a shadow over cryptocurrencies.
Like stocks, cryptocurrencies have extended a selloff to start the year because of expectations that the central bank will raise interest rates as early as March.
Fintech
Crypto sell-off extends as Fed casts a shadow over digital assets
A sign that crypto is in the doldrums is the muted reaction to a reliable spark: an Elon Musk tweet
The Federal Reserve is casting a shadow over cryptocurrencies.
Like stocks, cryptocurrencies have extended a selloff to start the year because of expectations that the central bank will raise interest rates as early as March.