EU inflation knocks Bitcoin back || 10% beneficiary @tron-fan-club
Good evening friends, wherever you are on this occasion, I greet you all again, of course, I also state that you must stay healthy because even though the condition of the coins is currently sluggish, we must certainly have the desire to continue to be able to survive in these conditions. very sad like this.
These sections Of course I will continue to discuss one topic, namely about cryptocurrency where we know that cryptocurrency is one thing that I certainly pay attention to at this time because I have also gone directly and bought some coins at this time which of course I am experiencing losses too but must still have the spirit to survive in very difficult conditions like this.
in the last few days Bitcoin is indeed experiencing a decline and has even touched the number below 20000 dollars and of course that is one thing that of course we must pay attention to right now especially if we are one of the investors in it of course this will greatly affect other coins and if it is it continues to decline, it could be because Bitcoin will fall even lower than it is today
one of the factors currently influencing the decline in Bitcoin is due to several factors, one of which is the increase in interest rates issued by the President of the European Central Bank named Christine Lagarde, of course it is one thing to deal with inflation.
With the presence of the increase in interest rates, investors from crypto are currently also affected by this and of course the movement made by the European Union to continue to suppress the inflation rate is of course very low, very good, but due to current market conditions that are not yet conducive, the European Union must raise interest rates. 3 times interest And this is what is happening even this is also one of the things that must be considered because since 2011 this is the worst interest rate increase that has occurred in the European Union and of course we can only be patient because there will be a solution later
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Wow you nice explain this post. Newcomers will be easier to understand. Thanks for sharing.
Thank you so much
Increase in interest rate is one of the factors that is a factors affecting the crypto space. I think the fall of some big projects like Luna UST, Anchor protocol and some other project also affect the price of Bitcoin because it create panic among investors.
Go to the moon again BTC
Coming soon
BTC is very sensitive to every negative news even a whale's personal matter can easily dump BTC to the bottom. I hope this will be changed after the final halving event. 19M coins already mined. Only 2 million remain. Let's see.