Bitcoin's price dropped to its lowest level in two months on Thursday — coinciding with a dramatic plunge on Wall Street.
The market turmoil shows $40,000 is now a stubborn level of resistance that Bitcoin is struggling to meaningfully crack. The reversal of fortunes is linked to fears that central banks around the world may struggle to bring red-hot levels of inflation under control — with economists previously stating that the cost-of-living crisis would be temporary.
When the current market is not good, we need to consider another way.
A non-inflationary asset dropping over fears of inflation...thanks paperhands. You'll be buying my bag after I take yours :)
well,Bitcoin is the weathervane of the cryptocurrency market. Some people will not let it fall all the time, and it will definitely rebound from the bottom, but where is the bottom😳😳😳
How do you think this war is paid if not with Bitcoin
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