Bitcoin Price Prediction: BTC Can Drop to $80K But is at Levels Preceding FTX-Era Extremes
17 Articles
17 Articles
The bitcoin fell from $91,000 to $80,000 in a few hours on Friday 21.The movement caused alarm in the global cryptocurrency market.Several analysis firms identified five factors that explain the fall.1.Macroeconomic uncertainty in the United StatesThe economic environment showed signs of less clarity.Predictability on the course of interest rates in the United States was reduced.The market bet on a sustained cycle of cuts.That expectation booste…
Bitcoin plunges to lowest level in seven months as digital asset falls to $80K range
Bitcoin plummeted to its lowest level in seven months on Friday, extending a brutal November selloff that has wiped out more than a fifth of its value and knocked the world’s biggest cryptocurrency down to the $80,000 range.
Crypto crash about to end? Top reasons for a new bull run
The crypto crash accelerated this week, with Bitcoin tumbling to the key support at $80,000 and the market capitalization of all tokens falling to $2.90 trillion. Most altcoins have fallen by double digits in the last seven days, with Ethereum…
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