Bitcoin traded below US$23,000 on Monday morning in Asia, tracking a decline in U.S. equities as unexpectedly strong job growth numbers on Friday raised concerns markets may face more interest rate hikes to slow the economy and inflation. Ether and all other top 10 non-stablecoin cryptocurrencies fell. Dogecoin and Polygon led the losers, while BNB had the smallest drop. The crypto market capitalization fell 2% to US$1.07 trillion, with total trading volume up 27.4% to US$48.9 billion. (forkast)
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Markets: Bitcoin Falls Below US$23,000, Ether Drops as Crypto Market Follows Equities Lower
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