Give a Little, Get Alot
Bitcoin slides after banner month
Bitcoin is still on a tear, even with a small slide in price to start the week. The digital asset is up over ten percent in the last month.
Not bad.
People are starting to price risk back into their investments. Slowing inflation and better economic data are helping the price stay higher.
So is the continued scammer washout, which has led to more confidence as the chaff fades away.
And the Bitcoin halving is less than six months from now. That means it’s about to get even harder to mine Bitcoin on the network, and that has always led to an increase in price.
Other things to note:
The Crypto Connection is for entertainment purposes only and is not meant to be financial advice. Please do your own research before investing in any asset class. Sara Celi is not a financial advisor and holds several cryptocurrencies. To purchase her books on Amazon, please click here.