Steemit Crypto Academy Contest Season 1 || Bitcoin price crashes, Ethereum, other cryptocurrencies in red

in hive-108451 •  3 years ago  (edited)

Bitcoin plunged to a 10-month low and hit the lowest price in 2022. Ethereum's price fell below the $3,000-mark.

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Bitcoin's price on Tuesday was hovering around the $32,000-mark after hitting a 10-month low. Other cryptocurrencies, including Ethereum, were in red.

The cryptocurrency market was suffering due to a sell-off triggered by the aggressive monetary tightening by the US Federal Reserve.

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