Why Isn't The Bitcoin Losing Value

Last Updated on June 26, 2023 by Paganoto

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.

Bitcoin's Price Rises Above $24,000 Amid Mixed Economic …

Bitcoin’s price rose above $24,000 on Monday, though the overall macro economic outlook remains mixed and the crypto market is subdued.

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

What Does This Price Drop Mean for Crypto Investors?

Why the $2 trillion crypto market crash won't kill the economy

The chaos has spooked investors, erasing more than $2 trillion in value in a matter of months — and wiping out the life savings of retail …

Why bitcoin doesn't seem to be a hedge against inflation – CNBC

However, this has not been proven to be true, at least not yet. The value of the cryptocurrency market overall has plummeted alongside rising …

Bitcoin crash: what's behind crypto collapse? – The Times

The slump in June 2022 was triggered by Celsius Network, a major US cryptocurrency lending company, after it froze withdrawals and transfers, …

The Bitcoin Market Isn't Irrational | Chicago Booth Review

Bitcoin is not a very good currency. It is a pure fiat money (no backing), with a value that comes from limited supply plus the sources of demand I’ve outlined.

The brutal truth about Bitcoin – Brookings Institution

It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity— …

Why Is Bitcoin Volatile? – Investopedia

Bitcoin’s price fluctuates because it is influenced by supply and demand, investor and user sentiments, government regulations, and media hype. All of these …

Bitcoin continues to plummet, dropping below $20K | Mashable

The importance of Bitcoin’s crashing can’t be understated. As a leading cryptocurrency, Bitcoin dropping might trigger more sell-off in the …

Paganoto

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