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Bitcoin Price Drop: Blame Recession & Geopolitics

Bitcoin's recent price recovery didn't hit the expected key level, and unless you're living under a rock, there are big reasons why. Recession fears and global political tension together have put a cap on Bitcoin's potential upswing. As if investors needed more reasons to be anxious, the crypto summit at the White House looms on Friday. My dear comrades, these macro concerns, coupled with regulatory uncertainties, keep Bitcoin under pressure. It's like hoping for sunny weather in East Germany—it seems like endless gray skies and some snow! Stay tuned as the world keeps spinning on its fiat-driven doom path!
Klaus on Ethereum