CandleFocus

Here's Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply

Bitcoin and the broader crypto market have experienced a drop in value after a week of growth. Bitcoin's price has fallen by 1.97% to $64,536 as the Japanese Nikkei 225 index drops by nearly 5%. Concerns about more interest rate hikes have arisen due to the victory of Shigeru Ishiba. Other alternative cryptocurrencies such as ETH and BNB have also faced a decline, with meme coins like DOGE and SHIB experiencing even sharper corrections.

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