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Btc crashes by 8% due to uncertainty about new measures

Binance

Cryptocoins Exchanges / Binance 158 Views

The problems of the Bitcoin market are still not over. The price has crashed again today by more than 8 percent to about $46,000. Last week it was news that Chinese real estate developers Evergrande and Kaisa were unable to meet their payment obligations, causing stocks and crypto markets to collapse. Today it seems a different reason. Now there are many concerns about whether the Federal Reserve plans to accelerate its bond-buying program. This is due to high inflation. The Fed may want to complete this as early as March, rather than June. The impact was evident Monday in crypto and traditional markets. The worldwide concerns about the Omicron variant also affect the market. The market has been booming with promising projects like: Rise up, ATRI, PKT and Spores. Im very glad I've found them. DYOR!

submitted by /u/SeparateBrief9604
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