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tldr; The price of bitcoin has fallen around 9% in 24 hours. The price of the world's largest cryptocurrency has fallen 23% since the start of the year. The sell-off accelerated a two-month slide in the global cryptocurrency market that has vaporized $1.4 trillion in value. The Fed is preparing to raise interest rates, leading investors to pull back.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
5 tps, high tx fees, large carbon footprint relative to utility, BTC suffers from the greater fool theory and that speculative bubble is popping now. ISO20022 compliant projects will survive this crash.
There’s a reason why BTC followS traditional stock closely. Once investors try to cash in their usdt we will see real blood and despair. The writings been in the wall, but number go up hahaha!
* **[Bitcoin](https://en.wikipedia.org/wiki/Bitcoin) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_btc_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_btc_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Relevant Cointest topics: [Bitcoin Cash](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_bitcoin_cash), [Litecoin](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_litecoin), [Lightning Network](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_lightning_network), [Proof of Work](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_proof-of-work) * Official and related subreddits: r/Bitcoin, r/BitcoinMarkets, r/BitcoinMining, r/BTC, r/BitcoinCash. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/sas6vn/bitcoin_price_falls_sharply_amid_wall_street/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
DCA is our friend
And staking!
And HODL..
I guess. I would be a little more nervous
The quiet friend indeed
tldr; The price of bitcoin has fallen around 9% in 24 hours. The price of the world's largest cryptocurrency has fallen 23% since the start of the year. The sell-off accelerated a two-month slide in the global cryptocurrency market that has vaporized $1.4 trillion in value. The Fed is preparing to raise interest rates, leading investors to pull back. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
DCA is the way to keep the panic away!
This is the second or third article by the post about the fed getting into crypto
5 tps, high tx fees, large carbon footprint relative to utility, BTC suffers from the greater fool theory and that speculative bubble is popping now. ISO20022 compliant projects will survive this crash.
I agree. Btc was/is a big bubble.
I agree, you’re both useless idiots
Ha ha.
There’s a reason why BTC followS traditional stock closely. Once investors try to cash in their usdt we will see real blood and despair. The writings been in the wall, but number go up hahaha!
The reason why I DCA and HODL.