Bitcoin fell from $23k due to some bad news in the market. The US SEC is tightening its oversight, while bankruptcies keep happening.
After the latest updates by the Fed and the IMF, Bitcoin regained $24k per token. Apparently, worldwide inflation is receding.
Bitcoin price rise to $20K co-occurred with an increase in difficulty for miners, and market sentiment emerged from “fear” for the first time in 9 months.
Bitcoin mining companies have a billionaire debt now. Some of them are already bankrupt, so, is this going to be another disaster for crypto?