17.1.2022 | Bitcoin prices dropped to an all-time low after U.S Federal remarks
Bitcoin dropped to a three-month low late Friday amid jitters over U.S. monetary policy tightening and an internet shutdown in Kazakhstan, the world’s second-biggest bitcoin mining hub.
The price of bitcoin fell below the $41,000 mark to $40,749.90 just after 10:50 a.m. ET Friday, reaching its lowest level since Sept. 29, according to data from Coin Metrics.
It was last trading down 2.9% at a price of $41,947.75. As for the other cryptos, Ethereum dropped 6.8% and Solana dropped 7.7% respectively.