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Sentiment and inflation: Factors putting pressure on Bitcoin price

2022.07.27 04:45

Sentiment and inflation: Factors putting pressure on Bitcoin price
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.

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