Bitcoin Hits 2-Month Low as Crypto Markets Shed $70B in a Day: Market Watch

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BTC and almost all altcoins have turned red today, with the crypto market cap dumping beneath $1T.

Bitcoin took a serious hit in the past 24 hours, dumping by almost $2,000 to chart a two-month low beneath $20,000.

The landscape was prompted to change mid-week as Fed Chair Jerome Powell spoke to Congress. This led to some volatility, but overall, BTCNevertheless, the change that the bears wanted to see came yesterday as BTC plummeted from almost $22,000 to under $19,900. Thus, the cryptocurrency charted its lowest price tag since January 14.This is all you need not to miss any price action in the raging crypto markets.

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