Bitcoin’s price slides as Yellen’s ‘illicit Financing’ Critique on Cryptocurrency’
Bitcoin’s price slid from $37,888, yesterday high when Janet Yellen’s critical comments about cryptocurrencies during a hearing with the Senate Finance Committee. It shows that the cryptocurrency market is significantly being influenced by the politician as institutional funds dominate the market. However, the market seems healthy and still on the bull run as no actual restrict act is being issued yet. Therefore, Bitcoin remains bullish in the long term yet a correction is expected in the near future.
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