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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAs concerns about a possible American recession as a result of weak data gripped financial markets and triggered a rush for safe-haven assets, Bitcoin and Ether fell on Monday to multi-month lows.
Bitcoin fell, along with other assets, including global equities, as part of a vast sell-off. Investors fear a recession in the United States, and growing geopolitical concerns are also weighing on the price. The cryptocurrency has fallen by almost 20% from its peak in March 2024. Bitcoin fell to $53,091, its lowest level since late February, and hit $54,112 for the last time, while ether slipped to its lowest level since mid-January and was down 16% at $2,300
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