Reported 1 day ago
Recent market trends show Bitcoin facing a downturn despite a 20% yearly increase. This pullback may stem from overall macroeconomic weaknesses, with Bitcoin becoming increasingly correlated to market conditions, leading to investor diversification into more lucrative cryptocurrencies. Additionally, the typical four-year cycle of Bitcoin is progressing towards a potential decline, signifying that caution may be necessary for those looking to invest in Bitcoin now.
Source: YAHOO