Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases

The world’s largest cryptocurrency fell under $42,000 during European trading hours, hitting the lowest level since March 22 and extending the decline from the late March high of $48,240, according to CoinDesk data. The continued slide came even as LFG added $173 million in bitcoin to its wallet over the weekend, boosting its total holdings to almost 40,000 BTC.

Source: https://www.coindesk.com/markets/2022/04/11/bitcoin-slips-under-42k-as-mounting-macro-risks-dollar-strength-overshadow-lfg-purchases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines