The post End of Bitcoin’s Year-Long Downtrend – Here’s What Next For BTC Price appeared first on Coinpedia Fintech News
The crypto prices experienced immense bearish pressure by FTX’s Collapse and the Fed’s hawkish comments. Compared to Ethereum’s 8% drop to $1,100, Bitcoin’s ongoing decrease and breach of $16,000 was more disastrous. As investor confidence continues to decline, the market’s volatility is likely to remain unsteady and unpredictable.  The market capitalization of all cryptocurrencies fell 5% …

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