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The Wall Street Publication > Blog > Markets > Bitcoin, Ether Fall Along With Tech Stocks
Markets

Bitcoin, Ether Fall Along With Tech Stocks

Editorial Board Published January 6, 2022
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Bitcoin, Ether Fall Along With Tech Stocks
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Cryptocurrencies led by bitcoin and ether slumped as part of the broader tech selloff, cementing their status among investors as risky assets quickly dumped in moments of market stress.

The falls were triggered by Federal Reserve minutes that showed officials are eyeing a faster timetable for raising interest rates this year. As rates rise, holding volatile investments that produce little income becomes less attractive compared with government bonds. 

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