Bitcoin Plunges To Lowest Level Since January 2021

Bitcoin Plunges To Lowest Level Since January 2021

Bitcoin’s price revisited early 2021 levels on Wednesday as the currency struggled to maintain the $30,000 zone.Bitcoin extended losses to reach levels last seen in January 2021 on Wednesday amid a broader market sell-off.The peer-to-peer digital currency struggled to hold the $30,000 level throughout the day as U.S. inflation levels were reported above market expectations and a macroeconomic risk-off movement keeps gaining traction globally. Bitcoin drops to levels last seen in January 2021. Image source: TradingView U.S. inflation reached 8.3% in the 12 months ending in April 2022, the....


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