Cryptocurrency

Bitcoin Fails to Hold $24,000, Ether Dips Too, as the Wider Market Reacts to Tesla’s BTC Sell-Off News

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Bitcoin Fails to Hold $24,000, Ether Dips Too, as the Wider Market Reacts to Tesla’s BTC Sell-Off News

Bitcoin has been in recovery mode so far this week, in line with the stock market, as investors appear more optimistic about the US Federal Reserve’s ability to rein in decades-high inflation. However, news of Tesla selling 75 percent of its BTC holdings did strike fear into investors’ minds through early Thursday.

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