Thread: Bottom in Crypto Markets- How Fed Rate Hikes Could Impact Crypto Markets?

Bottom in Crypto Markets- How Fed Rate Hikes Could Impact Crypto Markets?



Bitcoin’s recovery above $24,000 faltered on July 21 on the news that Tesla had dumped 75% of its Bitcoin holdings in the second quarter of this year. Although the electric carmaker did not reveal the sale price, analysts estimate the price to be around $29,000 per Bitcoin.

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The first half of 2022 has been very bad for the crypto market. Bitcoin and ethereum are down more than 50% from their all-time highs in late 2021. So new investor can invest now and yes they can use FreshForex broker for this.