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Bitcoin Drops as Much as 7.5% in Deepening Crypto Sector Selloff - BLOOMBERG
(Bloomberg) -- Bitcoin extended declines on Tuesday as investor sentiment took another leg down over fears that bigger Federal Reserve interest-rate hikes loom to quell inflation.
The world’s largest digital token shed as much as 7.5% to reach $21,472, the lowest level since December 2020. A range of other tokens from Ether to Avalanche were also nursing losses.
