I've been observing the
cryptocurrency market recently, and I've noticed that Bitcoin has been experiencing a significant drop in value. I'm really curious to understand the reasons behind this sharp decline.
5 answers
Claudio
Wed Dec 25 2024
The Federal Reserve's recent comments have played a significant role in this decline.
CryptoElite
Wed Dec 25 2024
Specifically, the Fed indicated that there will be fewer interest-rate cuts in 2021.
CryptoWarrior
Wed Dec 25 2024
Bitcoin has experienced a decline in its value over the past 24 hours.
SsangyongSpiritedStrength
Wed Dec 25 2024
According to CoinDesk data, the digital currency has dropped by 5.9%.
Federico
Wed Dec 25 2024
This has resulted in Bitcoin's current price being $95,231.