Crypto Slumps to Two-Month Lows
Cryptocurrencies fell sharply as investors worried a Democratic Congress would increase regulation. Bitcoin and ether both touched their lowest levels since August following recent market pressures.
Cryptocurrencies fell to two-month lows in late Sunday trade as investors in the United States fretted over potential regulatory tightening from a Democratic Party-controlled Congress. Bitcoin fell 2% to $73,708, while ether dropped 5% to $2,223.
