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Today’s Top Crypto News – Monday 8/29/22

•Crypto Coin AVAX Drops 11% After Self-Described Whistleblower Says Avalanche Weaponized Litigation Against Rivals – CoinDesk “Ava Labs CEO rejected the accusation as “conspiracy theory nonsense.”” •Bitcoin Drops Below $20,000 for First Time in More Than a Month – Barron’s “Bitcoin dropped below $20,000 for the first time in more than a month, as Federal […]

By Matt Montemayor · August 29, 2022
Today’s Top Crypto News – Monday 8/29/22

•Crypto Coin AVAX Drops 11% After Self-Described Whistleblower Says Avalanche Weaponized Litigation Against Rivals – CoinDesk

“Ava Labs CEO rejected the accusation as “conspiracy theory nonsense.””

•Bitcoin Drops Below $20,000 for First Time in More Than a Month – Barron’s

“Bitcoin dropped below $20,000 for the first time in more than a month, as Federal Reserve Chairman Jerome Powell’s hawkish speech weighs on cryptocurrencies.”

•US dollar hits new 20-year high — 5 things to know in Bitcoin this week – CoinTelegraph

“A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support.”

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