There’s no doubt that the current market situation is terrifying. Altcoins saw significant sell-offs this week, and Bitcoin hit a new low last night of $26.6k. The stock market continues its bearish momentum today as investors worry about inflation. With the recent rebound from its low, is the Bitcoin price in recovery? Is it a good idea to buy the dip? Let’s go over the current market conditions this Thursday and see what the future might hold for cryptocurrency and stock markets. Bitcoin Flash Crash Yesterday, on May 11th, Bitcoin flash crashed to the mid $25k levels in a bear
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