Post
Topic
Board Bitcoin Discussion
Topic OP
The reasons why Bitcoin price drops recently
by
willywilly
on 23/03/2021, 09:12:06 UTC
1.  Powell commented cryptocurrencies as "a speculative asset" which leaded to an adjustment in Bitcoin price but a rising trend in Gold

2. US President is considering spending $3 trillion on infrastructure in the States which draws investment capitals into the US stock market

Even there is an adjustment in the Bitcoin price these days but it is expected it will recover soon.