Bitcoin and ether tumbled on Monday to multi-month lows due to worries over a possible US recession.
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Bitcoin surged to a two-week high after the attempted assassination of US presidential candidate Donald Trump.
Bitcoin was set for its biggest weekly fall in nearly a year as traders fretted over the likely dumping of tokens from Mt Gox.
Losses are piling up in crypto after the digital asset market’s second worst weekly drop of 2024.
Global markets are on tenterhooks ahead of a US Federal Reserve interest rate decision and key US inflation figures.
Bitcoin blockchain’s reputation as a network that mainly supports digital gold may be changing.
Ether has surged, leading a rally in digital assets amid growing speculation about approval of one or more ETFs.
Investors fear pronounced swings in bitcoin is a possible precursor for broader changes in risk appetite in global markets.
Ether has grabbed the cryptocurrency spotlight after posting its biggest jump in more than a month.
A ratio comparing the price of bitcoin with ether hints at a possible waning of risk appetite in crypto.