Bitcoin has staged an astonishing bull run since the start of summer 2020. The leading digital currency has shattered all-time highs it set in the 2017 bull run. Bitcoin has defied the US $ 60,000 mark in the second half of February. However, it has since fallen below US $ 50,000. What is behind the recent fall in cryptocurrencies? Should investors buy the plunge? Or are digital currencies on the verge of a sharp correction, as we saw following the 2017 bull run?
Bitcoin: why it hit turmoil at the end of February
In early February, Tesla founder Elon Musk said he had invested $ 1.5 billion in Bitcoin. It started a fire under the already scorching crypto …
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