Bitcoin down 50%, due to China and Taiwan War

Bitcoin down 50%, due to China and Taiwan War

 

 

 

Cryptocurrency market decrease 0.71% this weak and total market cap is 1.01 Trillion Dollar. in past 7 days bitcoin down 14% , Ethereum down at  21%, Shiba Inu down by 12%. Cryptocurrency market Scared about the second war in the world between China and Taiwan indirect involvement to United States.

 

Market Scared if the War will start between China and Taiwan, Cryptocurrency Market Capital will come 0.5 Trillion dollar. and Bitcoin price decrease at 50% at current level. market is to fear to the investor and wails and miners are not holding a bitcoin due to fear in a market miners are sell bitcoin frequently to the market.

 

Private Equity Investment.

As per current market price of Bitcoin they are the bottom zone of the Bitcoin, the war is not happening the price was increase 50-70% of current market.  BlackRock are created  crypto fund to invest in a crypto currency if it was deployed the all the money in the market, Bitcoin touch  all time high.
Central Bank policy
Central bank also working to make a policy to deployed a money in crypto market, they found a potential in the market to invest in top 20 Blockchain project in the market

 

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One Thought to “Bitcoin down 50%, due to China and Taiwan War”

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