Bitcoin slides below $58,000, rattled by tougher Fed rate outlook

Ahead of the Federal Reserve's decision on interest rates later in the day

important labor market data from the United States, bitcoin saw a third day

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Wednesday, after posting its worst monthly performance in April since late 2022.

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The most popular cryptocurrency in the world had a value decline of about 16% in April

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investors booked gains on a spectacular rise that saw the price soar past $70,000.

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While losses in ether were more moderate, down 2.6% at $2,884 at its lowest since mid-April

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