Bitcoin Retreats Further Into the Gloom
Bitcoin added another dollop of gloom to an already gloomy year on Wednesday.
The largest cryptocurrency by market capitalization was recently down a percentage point over the past 24 hours to about $16,500. BTC has been clinging closer to $17,000 since mid-December amid market concerns about the latest macroeconomic uncertainties and the increased likelihood of Federal Reserve continuing to raise interest rates.
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