Browsing: Bitcoin price decline

The recent Bitcoin price decline has raised eyebrows among investors and analysts alike, as external economic factors continue to exert their influence.Notably, the Bank of Japan’s potential move to raise interest rates in December has sparked significant concern within the cryptocurrency community.

The Bitcoin price decline has captured the attention of both investors and economists alike, as its recent downturn coincides with falling approval ratings for former President Trump.Dissecting these cryptocurrency market trends, Nobel Prize-winning economist Paul Krugman argues that Bitcoin’s struggles are inherently linked to Trump’s diminishing influence.

Bitcoin ETFs have recently experienced one of their worst weeks, suffering extraordinary outflows amounting to $1.2 billion.This dramatic shift in the market comes as investors flee due to a significant Bitcoin price decline, which has plummeted almost 33% since its peak earlier this October.