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Bitcoin's Bearish Blues: Unraveling the Price Plunge
Bitcoin's Bearish Blues: Unraveling the Price Plunge Bitcoin, the digital currency pioneer, has been experiencing a significant downturn. This article delves into the key factors contributing to this price decline and its implications for the cryptocurrency market. Macroeconomic Headwinds * Interest Rate Hikes: Central banks worldwide, including the Federal Reserve, have implemented aggressive interest rate hikes to combat inflation. This has led to a risk-off sentiment among investors, as they