The price of Bitcoin continued to fall yesterday, dropping as much as 2.9 percent to $20,244. BTC is currently trading at $20,357.77, a slight improvement from yesterday. Notably, it is moving in tandem with the weakening stock market due to concerns about a global recession. Controversies on the Bitcoin Launch Timing Satoshi Nakamoto started working on the Bitcoin white paper in 2007. During that time, the financial industry was amid a significant crisis, but even seasoned finance professionals weren’t sure what to expect. As Nakamoto worked on the white paper, various reports about bank failures and bankruptcies were already making
The post Markets Are Tumbling: Will Bitcoin Offer an Answer to the Ongoing Global Recession? appeared first on The Merkle News.
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