Why Bitcoin Is Falling Down Today

Last Updated on July 1, 2023 by Paganoto

'Extreme Panic': 3 Reasons Why Bitcoin Is Plunging – Money

The federal government is no longer providing the same fiscal support, and the Federal Reserve has been raising interest rates to fight high inflation. "The market now perceives this to be the Fed draining liquidity from the system, having much tighter monetary policy and slowing the economy," Qureshi says.Jun 13, 2022

Why Is Bitcoin Down Today? – Forbes

Bitcoin prices are now down nearly 56% year to date, trading well off their all-time highs of around $69,000 in November 2021.

Crypto Crash: Why Is Crypto Down Today? – Forbes

The price of Bitcoin and other cryptocurrencies tumbled to new 2022 lows this week thanks to elevated instability among stablecoins.

Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – Time

Some of the drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to …

Bitcoin news today, Bitcoin price, Bitcoin share price

The global cryptocurrency market cap was trading marginally down at the $1.15 … Crypto Price Today Live: Bitcoin breaches $20,000; Ethereum, Tether fall.

Bitcoin price dropped below $17,800 as sell-off accelerates

The carnage in the crypto market is partly caused by pressure from macroeconomic forces, including spiraling inflation and a succession of Fed …

Bitcoin falls below $19,000 again as pressure mounts … – CNBC

Bitcoin on Thursday fell below $19,000 as the world’s largest digital currency remains under pressure. · Investors are also worried about rampant …

Bitcoin: Why is the largest cryptocurrency crashing? – BBC News

Experts say this is because of the wider global climate. It’s not just in the crypto world things are not looking good. Recession looms, …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.