koolgal
06-19
🌟🌟🌟Bitcoin dropped below USD 65,000 today, the lowest since May 16.  This is due to the slowing global economy.

I believe that this is a temporary setback as Ethereum ETFs will be approved soon. According to Bloomberg, it can be as soon as July 2.  If that happens, I believe that Bitcoin and other cryptocurrencies will jump.

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Comments

  • breAkdaWn
    06-19
    breAkdaWn
    btc had it's hey days, when it was unrecognised by regulators. it was a great instrument for large hordes of money to be converted to legal fiat. now the regulators are recognising crypto and hence more scrutiny. so it's hard for BTC to see levels as before.
    • koolgalReplybreAkdaWn
      I believe it will recover to reach USD 70,000 once Ethereum ETFs are launched.
    • koolgalReplybreAkdaWn
      Fingers crossed.
    • koolgal
      Bitcoin is rather volatile, it goes up and down like a yoyo. 😍😍😍
    • breAkdaWnReplykoolgal
      kgal, that's my thinking, but hopefully I'm wrong! so i can recover. cheers n thanks for reply.
    • koolgal
      Best of luck 🍀🍀🍀
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