Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

The $20,000 price point for BTC remains pivotal for the crypto market as analysts debate whether the largest cryptocurrency will see further declines akin to 2013, when BTC fell by 85%, and to 2017, when it plunged 84%. If bitcoin experiences a similar fall this time around, the prices would fall close to $10,000.

Originally Posted on: https://www.coindesk.com/markets/2022/06/23/market-wrap-crypto-assets-stabilize-as-btc-retakes-20k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Krisztian Sandor, Jimmy He, Helene Braun

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