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PARAGRAPHSo a move to shrink the balance sheet might put downward pressure on bitcoin sides of crypto, blockchain and. The leader in news and information on cryptocurrency, digital assets and the future of money.
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Bitcoin: Price Crash 36% Last Time This HappenedRising interest rates triggered a sell-off in bitcoin and other risk assets in , and bitcoin prices dropped nearly 65% that year. The sell-. The price picked up in , gaining more than 50 percent through mid-June, amid a broader rally in tech stocks. Despite the setback, Bitcoin is still set to finish the year at its highest levels since April amid excitement over the expected.
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