Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy

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Cryptocurrencies have had a bumpy start to the year amid expectations that the Federal Reserve will raise rates as early as March, explains ahirtens WSJWhatsNow

Dogecoin jumped about 10% in the two minutes after Mr. Musk’s tweet, but in the afternoon was back at pre-tweet levels, and on Monday afternoon was down about 17% since the tweet.

Since bitcoin hit its record, Coinbase is down 32%; Marathon Digital is down 60%; Riot Blockchain has fallen 49%; and MicroStrategy is off 43%.

 

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ahirtens What does Mr. Big Shot get? What is the return on his investment? That's what I would like to know.

ahirtens Or: 'Our investment journalists just spent 6 months pumping for crypto and now they've crashed hard, losing $1 trillion. Oops.'

ahirtens What's backing cryptos? Air? The government backs the US dollar....

ahirtens ⚠️👇🏼WATCH OUT!!!👇🏼⚠️

ahirtens ⚠️👇🏼WATCH OUT!👇🏼⚠️

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