Those who buy and sell cryptocurrencies are angry. Just 5 days ago, Bitcoin, the father of all cryptocurrencies, fell below the level called ‘never go Below’: $25,000† We even shared this news with you that day and did our analysis.

Today Bitcoin Hard Crash Continues Because Bitcoin Dropped below $20,000† Let’s look at the details together.

Bitcoin Drops Below $20,000

Bitcoin dropped below $20,000, upsetting all cryptocurrency traders. Even when we started writing the news hovers around $19,000 Bitcoin, as we wrote the news It fell to $18,000.

While it is not possible to say for sure what is the reason for Bitcoin’s decline, it is one of the possible reasons. inflation in the USone of the Attack on Celcius Network† Celcius, as you know, is the largest lender of the cryptocurrency exchange. Attack on cryptocurrencies 50% depreciation and its effects can persist. However, it is thought that the new rate hike announced by the Fed in recent days could also be effective in this sharp decline in Bitcoin.

So one of the reasons is the cryptocurrency. loss of confidence it’s also possible. If it falls at this rate, will Bitcoin fall back to the $10,000 level? What do you think? Don’t forget to share your thoughts with us in the comments section.