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The cryptocurrency market is highly correlated to the tech-heavy Nasdaq in recent months, and the pessimism in equity markets is regarded as a major reason behind the steep decline in cryptos. The US stock exchanges rallied Wednesday after the Fed raised its benchmark interest rate by 75 basis points on Wednesday, marking its biggest hike in 28 years, and signaled that another 75 basis points of rate hike is on the table for July. Ross Lovegrove ve Design Studio VitrA işbirliğiyle tasarlanan casino hotels in macau İstanbul Koleksiyonu, organik formlara şekil vererek banyoları doğal form ve enerjinin buluştuğu mekanlara dönüştürüyor. As the world's most valuable and popular cryptocurrency, bitcoin fell to as low as $5,790 after it soared more than 1,300 percent during 2017 to end the year at $13,863. Concerns about security and rising regulations have so far kept global investment banking firms and large money managers away from investing in bitcoin and other cryptocurrencies. Most Wall Street analysts liken bitcoin's meteoric rise and steep decline to the dot-com bubble in 2000, or Dutch tulip mania in 17th century. ”We do not believe that these cryptocurrencies will retain their value in the long run in their current incarnation,” it said. …