Cryptocurrencies lost ground on Thursday, with Ethereum plummeting over 6%, as economic uncertainty drove the selloff.
White House Press Secretary Karoline Leavitt signaled that the most important economic data, including inflation and jobs reports, will probably never be released despite the reopening of the government. The lack of data resulting from the shutdown may keep the Federal Reserve in the dark and potentially complicate its next monetary policy decision.
Ethereum plunged 6.51% at 1:52 pm ET to $3,191. At the same time, Bitcoin dropped 3.33% to $98,262, hitting the lowest point since June.
https://breakingthenews.net/Article/Ethereum-drops-6-amid-crypto-decline/65184151
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