coinpedia
2022-05-26 05:57:46

Top Reasons Why Bitcoin (BTC) Price Dropped Nearly 50% In 2022

The post Top Reasons Why Bitcoin (BTC) Price Dropped Nearly 50% In 2022 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideGlenn Hutchins, Chairman of North Island, spoke to CNBC about one of the reasons why major tech stocks and Bitcoin have been tumbling hard recently. According to Hutchins, the reason for this is that investors have been selling their BTC to cover losses in other elements of their crypto investments. Similarly, he continued, tech stocks …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.