Bitcoin Price Today: BTC Falls Below $25,000 for the first time since March 2023

June 15, 2023 Najuk Priya Cryptocurrency News 2

Bitcoin Skyrockets to $38,000 as SEC Puts BTC ETF Decision on Hold
  • Bitcoin price falls below $25,000 for the first time since December 2022
  • Analysts say BTC could fall further to $20,000
  • Investors remain cautious amid macroeconomic uncertainty

Bitcoin Price Falls Below $25,000

Bitcoin price fell below $25,000 for the first time since December 2022 on June 15, 2023. The cryptocurrency is currently trading at $24,963, down 3.78% in the past 24 hours.

Analysts Say BTC Could Fall Further to $20,000

Some analysts believe that Bitcoin could fall further to $20,000 in the near future. They point to the ongoing macroeconomic uncertainty, including the war in Ukraine and the rising inflation, as factors that could weigh on the price of Bitcoin.

Investors Remain Cautious Amid Macroeconomic Uncertainty

Investors remain cautious amid the ongoing macroeconomic uncertainty. This has led to a sell-off in risk assets, including Bitcoin.

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Overall, the outlook for Bitcoin remains uncertain. However, some analysts believe that the cryptocurrency could rebound in the second half of 2023.

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