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Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed

Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.”

Yuriko Nakao | Getty Images

Bitcoin fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates.

The world’s largest cryptocurrency dropped 5% to an intraday low of…


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