Bitcoin fell to a three-week low, sapped by the collapse of crypto-friendly bank Silvergate Capital Corp. and the prospect of higher-than-expected central bank interest rates.
The largest token fell as much as 1.9% on Thursday, dropping for a fourth session, and was trading at about $21,780 as of 10:28 a.m. in Singapore. Smaller coins ranging from Ether and Solana to Avalanche were subdued.
