Bitcoin's price is experiencing a downward trend as economic uncertainties take center stage. Recent comments by Yellen have raised concerns regarding rising inflation and interest rates, adding pressure to Bitcoin's market value.
These economic factors are playing a crucial role in influencing Bitcoin's current market performance, leading it towards new daily lows. The situation highlights how traditional economic policies and sentiments can significantly impact digital currencies, further linking the crypto market to global economic conditions.
Source: en.coin-turk.com ↗