After a turbulent summer, the “Crypto Winter” has begun, as volatility in the market remains rife, with prices of tokens fluctuating on a daily basis.
As market sentiment shifts, bitcoin (BTC), and ethereum, (ETH) have moved below $20,000 in recent moves.
The rise in consumer prices has prompted this shift. Global inflation is currently at its highest point in many decades.
The crisis has prompted central banks to raise interest rates in an attempt to address it. This has had an impact on investors and their willingness for risk.
It can be hard to understand the fundamentals at times, so we here at Bitcoin.com News focus also on Technical Analysis. We explore charts and analyze daily price movements.
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