Bitcoin Drama: Will BTC Go Up or Crash Down? Experts on Watch
- Bitcoin declined to more than 50%.
- 44 countries met in El Salvador to discuss adopting Bitcoin as legal currency.
- BTC trades over $30K.
Bitcoin, the most famous cryptocurrency, continues to bleed. It has declined to more than 50% in the past six months. From almost $70k in Nov 2021 to its current price below $32k, the crypto has generally been losing its value over time.
The drama that Bitcoin brings into the space made the community uncomfortable, especially its global investors. As a result, global leaders are now on their feet to discuss ways to help Bitcoin with its current challenges.
This made crypto analyst Lark Davis react on a tweet post,
44 countries representing around a billion people are meeting in El Salvador to discuss adopting #bitcoin as legal currency.
— Lark Davis (@TheCryptoLark) Read more: https://coinquora.com/bitcoin-drama-will-btc-go-up-or-crash-down-experts-on-watch/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
