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Cryptocurrency prices. Biden’s ambitions bomb Bitcoin and its sisters

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Cryptocurrency prices fell today, Monday March 14, 2022, with the market value of cryptocurrencies falling 1.7% to $1.72 trillion.

Bitcoin lost most of its gains in the wake of US President Joe Biden’s executive order on crypto and digital, and stock prices plummeted, after announcing continued high inflation in the US. US and global geopolitical uncertainty.

US consumer prices rose sharply in January, triggering the biggest annual rise in inflation in 40 years and fueling financial market speculation that the Federal Reserve would raise interest rates by 50 basis points next week. month.

Bitcoin price today

At the time of writing the report, the world’s largest and most famous digital currency “Bitcoin BTC” is trading at $38,642, down 1.34%.

Bitcoin is down 38% from its November 10 high at $68,992.

Bitcoin lost 3.8% of its value in the last week and 8.2% so far this year.

Cryptocurrency rates today

The price of the Ethereum coin (ETH) decreased by 0.35%, to record $2,579.

Ripple XRP price fell by 3.59% to levels of $0.77004.

The price of the Terra Luna coin LUNA/USD increased by 3.47%, to record levels of $90.75.

Cardano coin price rallied 1.53% to register $0.8062.

Solana price fell 1.96% to the $80,511 level.

Polkadot price lost 2.76% to $17.58 levels.

Dogecoin DOGE/USD fell 1.34% to $0.1144 levels.

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