Bitcoin could face deeper downside as odds of U.S. market meltdown rise to 35%
Bitcoin may experience further declines as the likelihood of a U.S. market downturn has increased to 35%. Analysts suggest that economic factors, including rising interest rates and inflation concerns, are contributing to this heightened risk. If the stock market continues to struggle, it could negatively impact Bitcoin and other cryptocurrencies. Investors are advised to remain cautious as market volatility persists.
Read the full article: CoinDesk