Bitcoin Slides Toward $46,000, Dropping Alongside U.S. Stock Market

Bitcoin Slides Toward ,000, Dropping Alongside U.S. Stock Market
Bitcoin fell for a second day, touching its lowest price in nearly two weeks, as a barrage of bearish factors hit cryptocurrencies along with risky traditional-market assets like stocks. The bitcoin price (BTC) was changing hands around $46,000 at press time. Earlier the largest cryptocurrency’s price slipped as low as $45,479 on the Bitstamp exchange, the lowest since Dec. 4. Cryptocurrency analysts said a new sense of bearishness may have crept into the market after this week’s announcement by the Federal Reserve that it will accelerate the withdrawal of monetary stimulus. Many investors say the U.S. central bank’s money-printing over…