Is It Safe To Invest In Bitcoin And Other Cryptocurrencies In 2023?

Current Happenings with Bitcoin Prices In recent months, the prices of bitcoin, Ethereum, and other cryptocurrencies have plunged in unison with the stock market as investors cope with growing inflation, tensions in Europe, escalating interest rates, and economic concerns. On the 18th of January 2022, Bitcoin fell below $19,000 for the first time since December 2020. Like Bitcoin, the second most popular cryptocurrency, Ethereum plunged to over $1,000 in June, decreasing from its all-time high of over $4600. The June crypto market fall occurred after the current inflation data indicated continuing elevated consumer prices. The Federal Reserve raised its standard… Read Full Article