Bitcoin fell to around $80,400 during the market downturn, then recovered to around $82,400 in the latest figures released this morning.
Factors influencing the decline include geopolitical tensions, rising bond yields, and declining investment flows into Bitcoin ETFs.
A return to an uptrend will depend on trading volume and the price’s ability to hold steady after the rebound.
Factors influencing the decline include geopolitical tensions, rising bond yields, and declining investment flows into Bitcoin ETFs.
A return to an uptrend will depend on trading volume and the price’s ability to hold steady after the rebound.