Mon, Apr 8th, 2024 - 7:12am
June 13, 2022 - 8:29am | By Kyle Cornell
(New York, NY) -- The cryptocurrency market is suffering big losses.
Cryptocurrencies lost more than 150-billion dollars over the weekend. Bitcoin fell to its lowest level since December 2020 as it dropped to below 25-thousand dollars Sunday.
The market conditions have lead one crypto lending company, Celsius, to pause withdrawals.
The crypto market has shown to follow the trends of stocks, which saw the Nasdaq market fall sharply last week.