Cryptocurrency Prediction: Bitcoin Could Plunge to $25,000
Fears of a recession, supply chain issues, a China lockdown, and tightening monetary conditions led investors to trim exposure to risky assets last week.
The Dow Jones Industrial Average recorded its first-ever eighth-straight weekly loss since 1923. Identically,
Bitcoin also made history by closing in the red for the eighth consecutive week.
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Investing In Crisis – Bitcoin Buying Opportunities Will Arise Soon
Bitcoin Price plunged below $30,000 on May 10 for the first time since July 2021. After the latest decline, Bitcoin has fallen more than 56% from its all-time high of $69,000 made on November 10, 2021.
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