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Bitcoin & Crypto Move Lower Again as Analysts Search for Answers, Point to Risks to Economy

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cryptonews.com

The crypto market reversed lower again on Wednesday, after some optimism earlier in the week that the bottom could be behind us.

According to analysts, the outlook for crypto is now highly uncertain, with some warning that prices could fall based on historical precedence, and others pointing to risks from the broader economy.At 10:55 UTC on Wednesday morning, bitcoin (BTC) traded at USD 20,440, down 3.8% for the past 24 hours and down 8.1% for the past 7 days.

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