Bitcoin fell! BlackRock's warning is coming! ?

Bitcoin briefly rose to $72,000 at the beginning of the month and then fell all the way. The total market value shrank by $300 billion, and the $4 trillion milestone is hopeless! This is directly related to the high interest rate warning given by U.S. Treasury Secretary Yellen at the beginning of the month. She said that high interest rates make it difficult for the fiscal department to control deficits and interest expenses, and may also cause cryptocurrencies such as Bitcoin to collapse.

This hits the pain point of crypto investors, and then crypto market assets fall painfully. BlackRock, the largest issuer of Bitcoin ETF, also warned that unprecedented situations will hit Bitcoin prices and markets

BlackRock analysts said that central banks of various countries must keep interest rates higher than before the epidemic to cope with inflationary pressures, and this chaotic situation will last for a long time

The price trend of Bitcoin reflects this attitude. After hitting a high of $72,000 on June 7, it has fallen by about 10%, and the decline is still continuing. $BTC $ETH $BNB #美联储何时降息？