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Why Is Bitcoin Down Today? 5 Reasons BTC Can’t Break $80,000 Despite $40 Trillion US Debt
The post Why Is Bitcoin Down Today? 5 Reasons BTC Can’t Break $80,000 Despite $40 Trillion US Debt appeared first on Coinpedia Fintech News Bitcoin has slipped further below $80,000 and is trading near $77,527. It is…
· 1 min read · 160 words · via Coinpedia
Wire briefing
The post Why Is Bitcoin Down Today? 5 Reasons BTC Can’t Break $80,000 Despite $40 Trillion US Debt appeared first on Coinpedia Fintech News Bitcoin has slipped further below $80,000 and is trading near $77,527. It is down 3% in the past 24 hours and 5% over the week. Many investors are wondering why. The US is carrying about $40 trillion in debt, inflation is close to 4%, oil prices are high amid the conflict with Iran, and Bitcoin …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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