Bitcoin and other cryptocurrencies have taken a hit as omicron shifts investors away from riskier assets. FrankCNBC reports on the recent crypto fall and what’s ahead for 2022.
The rising number of cases of the Covid omicron variant in the U.S. are a major catalyst for the falling cryptocurrency prices in December, according to investors and analysts.
Bitcoin is on pace to double the S&P 500, and ripple is more than 200% higher year to date, but both are also down double digits this month.
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