CoinGape
2022-05-10 10:26:18

Bitcoin (BTC) To Stay Supported Above $30K For Now, Here’s Why

Bitcoin (BTC) appears to have stabilized around 2022 lows after sharply consolidating over the past week. The token is now trading just above the $30,000 level. A bulk of BTC’s decline was driven by concerns over rising inflation and interest rate hikes by the Federal Reserve- two factors that are expected to continue weighing on The post Bitcoin (BTC) To Stay Supported Above $30K For Now, Here’s Why appeared first on CoinGape.

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