Crypto extends decline as investors shed riskier assets

Crypto extends decline as investors shed riskier assets

Bitcoin (BTC-USD) and other cryptocurrencies retrenched further on Tuesday, following high-growth tech stocks lower as investors turned more risk averse ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole speech on Friday. Bitcoin continued to backtrack from its $124.2K record last week, falling 2.4% over the last 24 hours to $113.5K as of …

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