MAJOR CONCERNS WITH THE FALL OF BITCOIN

Greetings my dear readers who are attentive in the area of finance, in this opportunity I want to share with you the great concerns that there are since the beginning of the year 2022 in relation to the fall of the Bitcoin.

The bitcoin is the cryptocurrency with the highest commercial value in the cryptographic field and since its historical maximum presented during the month of November to date has registered a decline, a situation that has created uncertainty for its investors and those of other cryptocurrencies and tokens, since with this fall it has dragged with it other crypto, putting to tremble the economy in general of all those who have their investments in cryptoassets.

Similarly, other cryptocurrencies that have also fallen sharply are Ethereum, which since the beginning of the year to date has fallen 25%, while Solana has lost 30% and Bitcoin 17%. These are indicators that finances in this new year did not start with good feet, as the huge losses that investors have recorded with the downward trend of bitcoin is a really alarming situation.

Now if we remember a little something similar to this situation was experienced last year during the month of July, where the Bitcoin recorded a crisis like this and with it swept the different cryptocurrencies that make up the current market taking its value to the lowest level, but then it was driven to reach its record high in the month of November.

Although the predictions of analysts and different experts in finance are not very encouraging, as they attribute this decline of bitcoin to situations such as those currently occurring in the Russian Federation, who are banning the circulation of cryptocurrencies, an action that seriously affects bitcoin, since Russia is one of the first 3 countries where this cryptoasset is mined. In a similar situation is China and its new laws that propose the use of cryptocurrencies something illegal in the country and if we add to this the crisis in Kazakhstan, by the political repressions that are living in that country, by different areas or places the doors have been closing, facts that obviously harm the finances of cryptocurrencies in general.

We can only hope that luck and the volatility of the currencies will present us with positive changes, so that we can obtain good income from digital currencies and end up disappearing these red numbers that have us all in suspense.

Bitcoin sets off alarm bells: loses half its value in less than three months. Source:

Bitcoin has lost in two months 75% of what it gained in 2021: a plunge of more than $30,000. Source: