Anticipating Crypto Crisis: Bitcoin Price Might Drop 35% (BTC-USD)

Anticipating Crypto Crisis: Bitcoin Price Might Drop 35% (BTC-USD)

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The increase in the price of the most significant world indices, namely the S&P 500 (NYSEARCA:SPY) and Nasdaq 100 (NASDAQ:QQQ) by 5% this week contributed to the growth of investment interest in cryptocurrencies, which are still under pressure. The economic situation in the world continues to deteriorate due to rising inflation, which entails an increase in the cost of mining equipment.

The economic growth of China, which is the second largest Bitcoin mining country, slightly…


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