Is Bitcoin increasing reliance on traditional finance?

in Cent2 years ago

Bitcoin,Hive and Leo is affected by macroeconomic dynamics

'Tightening' warning for cryptocurrencies from Goldman

Bitcoin and cryptocurrencies continue to suffer losses due to the monetary policies of Central Banks and the effect of the ongoing epidemic and economic crises in the world.
Image Source:Pexel BTC
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Investors have focused their investments more on securities and stocks, as they are disturbed by the escalation of the Ukrainian-Russian Tension and are worried about the possible effects of the market on the global market. Of course, Bitcoin and altcoins are the most affected by this situation.

Hive and leo token unfortunately became one of the most negatively affected tokens during this crisis.