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Re:Bitcoin falls under $16,000 by wwarner on Wednesday November 09, 2022 @07:14PM (#33540250)
To me the real question is why isn’t bitcoin skyrocketing in value? If crypto is susceptible to inflation worries, what is the point?
Re:Bitcoin falls under $16,000 by karmakaze on Wednesday November 09, 2022 @09:55PM (#33541621)
I would say because this is a correction. The demand for BTC was up due to speculation. As the perception of risk increases in general, there will be less speculation.