The Daily Chase: Aggressive rate hike fears trigger market selloff; Crypto under pressure

U.S. equity futures are pointing to further losses when trading gets underway in North America.

CRYPTOS ALSO DEEP IN THE RED

Cryptocurrencies will be in focus as Bitcoin fell below $24,000, hitting its lowest level since December 2020 and other tokens suffered even deeper losses amid a broader sell-off in risk assets. The selling deepened as crypto lender Celsius put a halt to withdrawals and transfers due to “extreme market conditions.” 

LORETTA ROGERS, FAMILY MATRIARCH AND LONGTIME DIRECTOR, DIES AT 83