More Bloodshed To Come: CryptoQuant Predicts Bitcoin Price To Plunge Below $40K

The recent panic selling in Bitcoin and the broader crypto market has been influenced by the Bank of Japan’s decision to raise interest rates from 0% to 0.25%, coupled with increasing fears of a U.S. recession. This has led Bitcoin’s (BTC) price to fall to $49,112 but has since recovered slightly to $52,982, showing a … source: https://coinpedia.org/news/more-bloodshed-to-come-cryptoquant-predicts-bitcoin-price-to-plunge-below-40k/