Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
Cointelegraph
Published May 02, 2022 03:33PM ET
Updated May 02, 2022 05:20PM ET
The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any short-term factors that could reverse the bearish trend.
Equities markets are also in a downtrend and according to researcher Clara Medalie, the price of stocks from companies with exposure to Bitcoin (BTC) have also taken a notable hit.
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Written By: Cointelegraph
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