Bitcoin (BTC) Posts Worst Quarter in Over a Decade: 5 Causes Why
1. Macroeconomic pressure During the quarter, the US Federal Reserve made two strong interest rate hikes to combat rampant inflation. That has raised fears of a recession in the US and other countries. It has also affected stocks, especially highly developed technology name. The tech-heavy Nasdaq Composite fell 22.4% in the second quarter, worst quarterly … Read more