Wall Street

Bitcoin flat as China tensions increase

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City AM

By Kimberly Butler The crypto markets are broadly flat this morning, with the price of bitcoin having fallen 2 per cent to $22,873 over the past 24 hours at time of writing. The Ethereum price has fallen by roughly the same amount, down to $1,621 today. The price movements in crypto continue to echo traditional markets, with the Dow Jones Industrial Average declining 0.9 per cent on the day, while the Nasdaq Composite decreased 0.5 per cent. The main issue dominating the economic agenda continues to be interest rates, with the UK now joining the US and others in looking to introduce record int…

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