TELETRADER News
5/5/2022, 9:19 PM
(Source: TeleTrader)
Cryptos dragged by tech stocks, Bitcoin sinks 10%
Major cryptocurrencies dropped further into the negative territory on Thursday as the slump of technology shares continued in the United States.
The tech-heavy Nasdaq 100 was down close to 6% after the fears tied to the Federal Reserve's future monetary policy moves took hold of investors.
Bitcoin dived 10.39% at 3:18 pm ET to $35,726, while Ether sank 8.25% at the same time, going for $2,695.16.