How is the crypto market today? Bitfinex market analysts shared their perspective on the matter, with Cointelegraph en Español
“Cryptocurrency markets are in the red zone after the release of more data pointing to an economic slowdown in the United States. Bitcoin is hovering at the $19,000 mark as the combination of inflation, rising prices interest rates and the recession casts a dark shadow over financial markets.
(Image: Bitcoin Price)
They also highlighted that, in the digital token ecosystem, “bitcoin is once again taking its place as a safe haven despite today’s crash.”
“Today’s relentless selling pressure has caused a significant drop in the price of Ethereum, Solana and Avalanche.”
(Image: Ether Price)
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