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Benzinga
Benzinga
Business
Henry Khederian

Why Bitcoin SV Is Falling Today

Bitcoin Crypto Cryptocurrency US Federal Reserve Ethereum Inflation

Shares of several popular altcoins, including Bitcoin SV (CRYPTO: BSV), are trading lower in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO: ETH).

Several popular cryptocurrencies have experienced marked weakness in recent sessions. Cryptocurrencies are experiencing volatility Tuesday amid raised fears of an economic slowdown as investors continue to assess last Wednesday's Fed commentary and 75 bps rate hike. An economic slowdown could negatively impact discretionary spending.

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