Bitcoin Retraces 3 Weeks of Gains as Analysts Blame Macroeconomic Turmoil

“Crypto is now on that list of thoughtful, innovative, disruptive technologies and it’s viewed as sort of high risk by the average retail trader,” Jablonski said. “So what happens is they get this bad news, they sort of take it in and, lo and behold, the price of bitcoin falls.”

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