Treasury Secretary Janet Yellen Issues Serious Crypto Warning As Sudden Price Crash Hits Bitcoin, Ethereum, BNB, Solana, Cardano And XRP - News Summed Up

Treasury Secretary Janet Yellen Issues Serious Crypto Warning As Sudden Price Crash Hits Bitcoin, Ethereum, BNB, Solana, Cardano And XRP


Bitcoin BTC , ethereum and other major cryptocurrencies have fallen sharply as a fresh crypto crash weighs on the troubled market (though one investor has issued a huge fourth-quarter bitcoin price prediction). Ethereum has crashed more than 10% after developers again delayed a long-awaited upgrade, with top ten coins BNB BNB , solana, cardano and XRP XRP also crashing back. Yellen went on to suggest Congress could regulate whether bitcoin, ethereum or other cryptocurrencies could be included in retirement accounts such as 401(k) plans. However, the bitcoin price has now crashed more than 50% from its all-time high of almost $70,000 per bitcoin, dragging down the entire crypto market. Forbes Digital AssetsEthereum and other top ten cryptocurrencies BNB, solana, cardano and XRP have crashed even harder than bitcoin with the solana price losing almost 90% of its value.


Source: Forbes June 11, 2022 19:44 UTC



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