Bitcoin Drama: Will BTC Go Up or Crash Down? Experts on Watch

Bitcoin Drama Will BTC Go Up or Crash Down Experts on Watch

  • Bitcoin declined to more than 50%.
  • 44 countries met in El Salvador to discuss adopting Bitcoin as legal currency.
  • BTC trades over $30K.

Bitcoin, the most famous cryptocurrency, continues to bleed. It has declined to more than 50% in the past six months. From almost $70k in Nov 2021 to its current price below $32k, the crypto has generally been losing its value over time.

The drama that Bitcoin brings into the space made the community uncomfortable, especially its global investors. As a result, global leaders are now on their feet to discuss ways to help Bitcoin with its current challenges.

This made crypto analyst Lark Davis react on a tweet post,