I don't understand why the price of
Bitcoin remains so low despite its popularity and potential. I expected it to increase significantly over time, but it seems to be stagnant. What factors are keeping Bitcoin's value down?
7 answers
Martina
Wed Dec 25 2024
The decline in Bitcoin's value is influenced by several factors.
SsamziegangSerenadeMelodyHarmonySoul
Wed Dec 25 2024
One of these factors is the uncertainty surrounding the Federal Reserve's rate path.
KatanaSharp
Tue Dec 24 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services to its users.
Riccardo
Tue Dec 24 2024
Analysts Vetle Lunde and David Zimmerman from K33 Research have observed this trend.
CryptoLegend
Tue Dec 24 2024
They point out that the central bank might halt its rate cuts in the near future.