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Bitcoin, Ethereum, Dogecoin subdued ahead of Fed meet: Crypto layoffs abound as bear market bites

Benzinga Real-time News ·  Jun 14, 2022 22:08

$Bitcoin(BTC.CC)$,$Ethereum(ETH.CC)$and other major coins were trading lower on Tuesday evening as the global cryptocurrency market cap fell 0.6% to $986 billion at press time.

Price Performance Of Major Coins
Coin24-hour7-dayPrice
Bitcoin (CRYPTO: BTC)-2.6%-29.6%$22,013.60
Ethereum (CRYPTO: ETH)-0.6%-33.8%$1,205.07
Dogecoin (CRYPTO: DOGE)-1.7%-31.7%$0.055
Top 24-Hour Gainers (Data via CoinGecko)
Cryptocurrency24-Hour % Change (+/-)Price
Helium (HNT)+17.2%$9.55
Bitcoin SV (BSV)+13.5%$53.01
Decentraland (MANA)+13%$6.67



Why It Matters:Bitcoin and Ethereum settled around the $22,000 and $1,200 levels after plunging earlier this week as jittery investors sold off ahead of a key U.S.Federal Reservemeeting.

Bitcoin traded between $21,046.95 and $23,014.15 on an intraday basis, while Ethereum swung between $1,095.02 and $1,250.17 levels.

On Tuesday, stock markets also arrested their rapid slide but the rebound was limited. The$S&P 500 index(.SPX.US)$ended the day 0.4% lower while the$Nasdaq Composite...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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