Cryptocurrency News
Sentiment and inflation: Factors putting pressure on Bitcoin price
2022.07.27 04:45
Sentiment and inflation: Factors putting pressure on Bitcoin price
Subsequently, there are fears that Bitcoin prices will take longer to recover.
Bitcoin (BTC) has been hovering around the $20,000 range for several weeks now after the coin lost over 60% of its value from its peak in November. The recent plunge wiped out over $600 million from its market cap and caused rising concerns of a bubble burst.