Bitcoin (BTC) Crashes Below $27K On These Three Factors

5/12/2022 6:02:00 AMby Ambar Warrick
Visit Source

Bitcoin (BTC) broke below two key support levels on Thursday as a market rout intensified. While its latest crash was directly triggered by higher-than-expected U.S. inflation data, there were also other factors driving investors out of crypto. BTC is trading down 15% in the past 24 hours at $26,848- its lowest level since December 2020.

The post Bitcoin (BTC) Crashes Below $27K On These Three Factors appeared first on CoinGape.

People also read these news