Has the ‘crypto winter’ arrived? Selloff sends bitcoin under $60,000, Ether tumbles 11%.

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Crypto

Published: Nov. 16, 2021 astatine 5:05 a.m. ET

Watch the 50-day SMA, says analyst

ozan kose/Agence France-Presse/Getty Images

A cryptocurrency selloff pushed bitcoin and Ether to levels not seen successful much than a week connected Tuesday, with immoderate pointing to comments from a Twitter enforcement who ruled retired cryptocurrency investments.

That’s arsenic 1 expert questioned whether the bull marketplace was acceptable for a pause.

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