Bitcoin in free fall!
What's happening?
The price of Bitcoin continues to fall and is approaching $20,000 for the first time since December 2021.
Because it is important?
This new drop in Bitcoin could be a sign that the bear market is not over yet.
Investors are concerned about the global economic downturn and rising interest rates, which is negatively impacting risk assets such as cryptocurrencies.
What does it mean for the future of cryptocurrencies?
It is uncertain. Some analysts believe that Bitcoin could continue to fall to $10,000 or even lower. Others believe the market will eventually recover.
