Post
Topic
Board Speculation
Re: The reasons why Bitcoin price drops recently
by
bitterguy28
on 31/03/2021, 11:18:31 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.


So what is the reasons Why bitcoin price increasing now? does these News reverse in happening?

and besides Biden is just Considering and not yet happening ..