After a scary correction this Saturday, with the Bitcoin price dropping to a low of $17.9k, the BTC price is recovering again, currently trading at $19.4k. Ethereum also recovered after dipping to $900, currently trading at $1k, up over 5% in the past 24 hours. The market saw a significant recovery after yesterday’s dump, which spells good news for next week’s price action. Why Is Bitcoin and Ethereum Price Dropping? The most significant factor contributing to the cryptocurrency bear market is fears of inflation and the rising probability of a global economic collapse. Economists are watching the interest rates rising,
The post Bitcoin and Ethereum Price Manage to Hold Support Amid Inflation Fears appeared first on The Merkle News.
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