Crypto Stocks Slipped As Bitcoin Slides to $57,000, Rattled By Tougher Fed Rate Outlook
Crypto stocks slipped as Bitcoin slides to $57,000, rattled by tougher Fed rate outlook.Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, ahead of an interest rate decision by the Federal Reserve later and key U.S. labour market data.The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000.Bitcoin was last do