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Showing posts from June, 2022

Why did bitcoin fall

  Bitcoin, the big bull of cryptocurrencies saw a great dip loosing more than 50% of its all time high value below $30,000 for the first time since July 2021.  Other cryptocurrencies like Etherium , BNB  etc have seen similar falls too. Why did bitcoin fall? the same question that kept coming. The current dip of Bitcoin and other cryptocurrencies is being caused by a combination of short-term and long-term inputs, including larger financial markets and the crashing of a major stablecoin. Here are some of the main factors leading to the current slump. Read more