Hope everyone is well. Alhamdulillah I am fine too. Currently the crypto market is not so good. 2021 has been the best time for the crypto market. And then the prize of bit coin was the highest.

It crossed nearly 50 thousand dollars. And it's the all-time high prize. But as soon as 2022 comes, its price starts to decrease a lot. And once its price goes below 30 thousand dollars.

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We were curious as to when the market would recover in such a situation. We used to think that maybe the market will recover now after seeing different news.

But it never recovered. I have also seen the prices of many coins that we used to know as stablecoins drop. From all these analysis we can understand how low the price of Bitcoin went.

So there is a big reason behind the market not recovering anyway. Since cryptocurrency is a new currency and its price increases naturally people will show interest here. As a result, cryptocurrency will eventually become the main currency of the world. As a result paper money will go away.

But those involved in paper money. For example, banks will never want cryptocurrency to be the main currency of the world. Because if it does then there will be no more banks. As a result, different banks share various offers with us that people are interested in taking.

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And the investment in the crypto market started to decrease. As a result, Bitcoin prices continue to fall. But if we look at the current market. But I will see. Bitcoin price has hovered around $30,000 for several days. Which is good news for us.

If this consistency can be maintained, the market will soon start moving to a good level again. Also, the price of Bitcoin is expected to rise further in 2024-2025. The reason for that will be Bitcoin halving. And as a result its price will increase.

So friends this was today's post. Seen in a new post. Thank you all.