After Powells speech, Bitcoin continues its decline.
After Powell's speech, Bitcoin continues its decline. 📉
I previously mentioned that Bitcoin was likely to drop, as there was no strong fundamental support. The halving occurred without the expected price surge, and Trump's campaign rhetoric wasn't bullish enough to drive the markets up.
If a country like the U.S. ends up holding the largest amount of Bitcoin, where does decentralization go? Isn't the whole point of cryptocurrencies decentralization? 🤔
I previously mentioned that Bitcoin was likely to drop, as there was no strong fundamental support. The halving occurred without the expected price surge, and Trump's campaign rhetoric wasn't bullish enough to drive the markets up.
If a country like the U.S. ends up holding the largest amount of Bitcoin, where does decentralization go? Isn't the whole point of cryptocurrencies decentralization? 🤔
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