What Influenced The Bitcoin Traded Price Plunge On June 18?

Elian

New Member
Jul 5, 2022
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On June 18, 2022, Bitcoin traded price below $20,000 at just $19,232.3.

This is the lowest Bitcoin trading price reached for the first time since 2020. It was a tumultuous weekend, and bitcoin owners had a particularly hard time. Things have only improved since the start of the week, bouncing back from the decline with a 10% rise to a price above $20,000. Although the trading price is far from the previous one, the upward trend gives everyone hope.

Why Is Bitcoin Traded Price Falling?
There are many factors that influence bitcoin traded price’s rise and fall, such as the cascading effects of some cryptocurrency-specific events, or thought-provoking, broader macroeconomic issues.

This week, certain factors may also influence the extent of bitcoin traded price’s rise and fall.

Through this article (What Influenced The Bitcoin Traded Price Plunge On June 18?), I got to know more about bitcoin, so what should we do in this particular period?

This is another question.

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