After rising sharply to the threshold of $40k, the Bitcoin price plummeted again, falling to the $35k mark, Bitcoin's price fell deeply, causing many other cryptocurrencies to plummet, hoping that there will be a lot of good information for bitcoin to have. could recover to $40k for investors to ease their worries.
It's quite sad to see the market continues to redden today, although the previous bitcoin price had strengthened to $40K but I don't know what happened so that bitcoin experienced a correction like now, the fall in bitcoin prices I think it still has something to do with the US central bank (The Fed) decided to raise its benchmark interest rate by 50 basis points a few days ago, I think the FED's decision is a very strong blow to bitcoin and the current decline may not have bottomed out yet.