Bitcoin Holds on to $20,000 While Ether, Major Altcoins Slip Under Recession Fears

Bitcoin and the wider crypto market saw a fall in value as investor appetite for risk assets receded yet again on growing fears about an economic downturn. The price of the largest cryptocurrency by market capitalisation had hit a Tuesday high of $21,620 in the evening before slipping to around the $20,000  (roughly Rs. 15.3 lakh).

 

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