Cryptocurrency News

3 reasons why Bitcoin is struggling to flip $20K to support

2022.07.14 07:20

3 reasons why Bitcoin is struggling to flip $20K to support
3 reasons why Bitcoin is struggling to flip $20K to support

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows.

Subdued action in the market can be traced back to a variety of factors ranging today’s record-high Consumer Price Index print and a raging US dollar that recently hit its highest level since October 2002.

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