Bitcoin (BTC) Price To Drop And Bounce Back

The Bitcoin rate fell by more than 15%, reached 54,8 thousand dollars, and bounced back, evidenced by data from CoinDesk.

As reported by Bloomberg, it was the most significant drop in cryptocurrency in more than seven weeks. Such a drop may be due to reports of a possible start of an investigation in the United States of money laundering through cryptocurrencies. In March, the US Federal Reserve System chairman, Jerome Powell, said that “cryptocurrencies are more of an asset for speculation.”

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