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Why did bitcoin drop today
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The crypto market has been on a roller coaster in the past few years, with prices rising and falling quickly. Despite the volatility, however, it is undeniable that the crypto industry has shown tremendous growth in the past few years. Industry professionals are optimistic that this trend will continue into 2023, as past performance of crypto markets suggests that this will be a good year for virtual currencies. This bodes well for investors who have already been involved in the crypto markets and those who are just getting started. How far will crypto fall It certainly seems like bitcoin’s bubble has burst as investors have lost confidence in the crypto sector. It is uncertainty over the future of bitcoin which has caused prices to crash.
Bitcoin change
Somewhat echoing Abbot, he said he sees similarities between bitcoin mining and oil drilling. Van Garner Regulators are reacting to the rapid expansion of the cryptocurrency markets, but crypto exchanges also need to incorporate surveillance into their infrastructure to ensure market integrity.
What's next for cryptocurrency prices?
That shedding was surely visceral for anyone swept up in the crypto craze. But for Black, Hispanic and LGBTQ+ Americans, who are more likely than whites to buy digital currencies, more was potentially lost than dollars and cents. 'A big year on the regulatory front' A crypto analyst known for accurately calling Bitcoin’s bottom in 2018 is issuing an alert on BTC’s short-term trajectory.