Surging prices rattle markets and tech stocks, while Bitcoin tanks to below $US27,000 - ABC News


5/11/2022 12:00:00 AM3 yearsago
by ABC News

Surging prices — and the possibility of looming interest rate hikes — are rattling global markets, tech stocks and crypto, while investors are going back to the "haven" of the greenback.

Surging prices and the possibility of looming interest rate hikes are rattling global markets and tech stocks, while the price of Bitcoin has tanked to below $US27,000 ($39,000). Key points: