Bitcoin Drops Below $36,000

The leading cryptocurrency Bitcoin dropped below $36k due to the fluctuations in global markets after the Fed increased its policy rate by 50 basis points.

The leading cryptocurrency Bitcoin drops below $36 thousand. BTC started to decline after the highly anticipated interest rate decision of the Fed. The tightening messages of the US Federal Reserve and the interest rate hike decision were followed by other central banks. Markets crashed after the meeting. Bitcoin, which was traded above $39 thousand before the meeting, fell below $36 thousand today. Cryptocurrency markets crashed, led by Bitcoin. Ethereum to $2,650; SOL for $82; DOGE withdrew up to 12.5 cents. After the decline in cryptocurrencies, there were disruptions in exchanges such as Binance, Mexc, Kucoin due to the density. On the other hand, not only the cryptocurrency markets, but also the Nasdaq, SP500, Dow Jones indices lost an average of 5 percent on the last trading day of the week.