The tale of the most well-known cryptocurrency in the world moves at such a breakneck pace that you’ll soon have a queue of people telling you how wrong you are.
In any case, the last 24 hours have been awful for cryptocurrencies, even by Bitcoin standards, and thus we must write about it.
As a Bitcoin enthusiast, you’ll know that the whole crypto market is in turmoil, to put it lightly.
What’s the matter?
At the time of writing, the price of one bitcoin is $21,156. A quarter of a percent drop in the previous five days has brought it to its lowest level in 18 months. It’s been a long time since it hit a high of over $70,000 in November.
The graph indicates a downward trend, the only way they can go.
What for?
Experts believe this is due to the changing environment throughout the world. Things aren’t looking good simply because we’re talking about cryptocurrencies.
It’s becoming harder and harder to make ends meet as inflation soars, interest rates rise, and the…
