![A Bitcoin symbol at a cryptocurrency exchange in Istanbul. The digital asset has been weighed down by risk aversion as central banks raise rates. AFP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/CHYHFFIUOJQFRYBJ53AV6FRZPQ.jpg?smart=true&auth=54815f90d87bdc8e3feccfbee7e7014a17e08d1aca8316eaafc6277f9353ba6d&width=400&height=225)
A Bitcoin symbol at a cryptocurrency exchange in Istanbul. The digital asset has been weighed down by risk aversion as central banks raise rates. AFP
A Bitcoin symbol at a cryptocurrency exchange in Istanbul. The digital asset has been weighed down by risk aversion as central banks raise rates. AFP
Bitcoin drops below $30,000 for first time since July 2021
Investors turn away from speculative assets as monetary policy is tightened worldwide to combat inflation