Bitcoin holding $16K amid worst annual performance since 2018

Bitcoin was changing hands near $16,600 on Wednesday, about 1% down in the past 24 hours.
The cryptocurrency is heading for its worst yearly returns since 2018.
Stocks have also hit a brutal patch in 2022, with major US indexes headed for their worst annual returns since 2008.Bitcoin remained uncharacteristically uneventful on Wednesday, trading around $16,600 as investors weighed an end to a brutal 2022.
The benchmark cryptocurrency was just in the red during early afternoon trading (2:10 pm E