Crypto Crash: Bitcoin Down by 60% in Just 6 Months

Big trouble for crypto fans as the cryptocurrency market crashes.

There’s trouble in paradise as Bitcoin is down 60% in the past 6 months with a 39% drop in just the past month. The cryptocurrency market crash comes just days after the US Federal Reserve raised interest rates by 0.75 percentage points, the most aggressive rate hike since the 1990s. It’s been nearly 2 years since 1 BTC was last priced below $20k.