#ATENCIÓN 🚨 Bitcoin plummets! BlackRock issues a warning! 🚨
Earlier in the month, Bitcoin briefly hit $70,000 before crashing. The market lost $300 billion, making the $4 trillion milestone useless.
This relates to US Treasury Secretary Janet Yellen's warning about high interest rates, which could lead to the collapse of cryptocurrencies like Bitcoin. BlackRock, the largest issuer of Bitcoin ETFs, also warned about unprecedented circumstances that will impact Bitcoin prices.
Its analysts predict that central banks will maintain high interest rates to combat inflation, prolonging instability. Since its peak of $71,907 on June 7, Bitcoin has fallen 10%, now trading at $64,319. Want more analysis and news from first hand about cryptocurrencies?
Follow our profile now to stay up to date with the best daily recommendations on the market! ##BlackRockCrypto #BTC☀️ #BlackRock #devcripto
