Recent market volatility pushed Bitcoin below $20,000, marking the first time in its history it had sunk lower than the previous cycle peak. Since November 2021, Bitcoin has shown sporadic signs of weakness. But it wasn’t until recently, following the Terra LUNA/UST implosion and the subsequent industry-wide deleveraging, that a bear market was confirmed. Over […]
What’s next for Bitcoin as market sentiment sours? α ▸ Bitcoin ▸ Investments
What’s next for Bitcoin as market sentiment sours?
Industry leaders chime in with what to expect for Bitcoin going into the rest of 2022 and beyond.
4 min read
Updated: Apr. 3, 2023 at 12:07 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Michael Saylor is the Executive Chairman, founder, and principal shareholder of MicroStrategy.