Bitcoin stabilizes after heavy losses

LONDON/WASHINGTON: Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network’s freezing of withdrawals and the prospect of sharp US interest rate rises shook the volatile asset class. Bitcoin clawed its way to positive territory after much as 7.3% overnight to $20,816, its lowest since Dec. 2020. It was last hovering around $22,470. The world’s largest cryptocurrency fell … Continue reading Bitcoin stabilizes after heavy losses