Bitcoin falls below $70K, hitting a months-long low.
CryptoPotato’s weekly roundup grouped this story with two others: the resignation of Nvidia’s CEO and the return of inflation concerns. The outlet said altcoins followed Bitcoin lower. All three items appeared in the same weekly roundup, but their individual causal relationships were not explained.
· “Months-long low” is the outlet’s description; the source material gave no specific date range or percentage decline.
· Appearing together in a weekly roundup does not mean the three stories caused one another.
In this wave of declines, would you look first at how deeply altcoins have fallen or at Bitcoin’s closing price?
$BTC
CryptoPotato’s weekly roundup grouped this story with two others: the resignation of Nvidia’s CEO and the return of inflation concerns. The outlet said altcoins followed Bitcoin lower. All three items appeared in the same weekly roundup, but their individual causal relationships were not explained.
· “Months-long low” is the outlet’s description; the source material gave no specific date range or percentage decline.
· Appearing together in a weekly roundup does not mean the three stories caused one another.
In this wave of declines, would you look first at how deeply altcoins have fallen or at Bitcoin’s closing price?
$BTC
