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plunged 9% to the $1,500 mark on Saturday, marking a new 52-week low of $1507.04 at the time of publication.
Bitcoin was holding stronger in comparison, falling about 2%, but the retail-popular crypto Dogecoin
was following Ethereum, trading down by about the same percentage.
On Friday, the Labor Department released CPI numbers, which showed the Federal Reserve is losing its battle with inflation. The news caused the S&P 500 to slide almost 3% lower, taking many stocks across various sectors and the broader cryptocurrency market with it.
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...