The Possibility of War is Causing Sharp Declines in Crypto Markets, But Bitcoin Remains Strong
The possibility of war is pushing down the money markets and crypto markets, but despite all the negativity, Bitcoin remains strong. Many cryptocurrencies have fallen sharply in the last 3 days. Bitcoin fell from around $65,000 to $60,000 but started to recover today.
Bitcoin is up about 1.13% today and is currently trading at $60,965, but if the possibility of war decreases, Bitcoin seems likely to recover its losses in the last 3 days in a short time. However, it is difficult to know what will happen in the short term so it is better to be careful but in the long term I have no doubt that Bitcoin will rise and hit new ATHs.
This is not investment advice, please do your own research before investing.
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