Bitcoin Hits Lowest Level Since June as Cryptocurrency Market Drops Below $1 Trillion Again

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Cryptocurrency prices are being hit by a higher U.S. dollar and falling stock markets as the Federal Reserve continues to tighten policy to fight inflation.

Putin Says Sanctions Are a ‘Danger' to the World; Ukraine Counterattacks in Kharkiv While Russian Troops Are Occupied in the South

"If we see the dollar start to move back down, then we should be able to get risk assets such as bitcoin move back up again." The sell-off has been caused by a tough environment for risk assets as well as crypto-specific issues includingBitcoin has been trading within a tight range of between $18,000 to $24,000 since June. Luno's Ayyar said that in forming a bottom,"bitcoin typically likes to go back and test previous lows to see if they hold as support."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her

Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Hits Lowest Level Since June as Cryptocurrency Market Drops Below $1 Trillion AgainCryptocurrency prices are being hit by a higher U.S. dollar and falling stock markets as the Federal Reserve continues to tighten policy to fight inflation. Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her Do not fear bitcoin bear markets. They lead to accumulation phases of a lifetime. The only trick is to just stick around no matter how bad it gets, accumulate $BTC Y’all follow btcmarrt she’s is a wonderful analyst in crypto, her tweets & tips has been accurate Follow her
Source: NBCDFW - 🏆 288. / 63 Read more »