Bitcoin has so far been very sensitive to any decisions coming from the Federal Reserve, experiencing massive sell-offs in an aggressive reaction to inflation. This has prompted many to worry about how Bitcoin will perform in a rate-rising environment, given the fact that the Federal Reserve is considering 4 interest rate hikes in 2022. While…
2022 crypto markets didn’t get off to a positive start as asset prices have fallen sharply since the new year, a decline that already began in November last year. Since all-time-highs, bitcoin (BTC) and ether (ETH), the leading cryptocurrencies by market cap, are down 45 and 48.2 percent respectively. Over the past 30 days, the…
This year has been nothing short of a blood bath for bitcoin. The market has not seen a bitcoin (BTC) price this low since July last year. Corrections in 2017, and early 2021 were much shallower – between 20 and 40 percent, whilst July 2021 reached a drawdown of about 54 percent, according to fresh…