Bitcoin has experienced a drop in price from its all-time high of over $100,000, with analysts warning that a global drop of $4.1 trillion in the money supply could trigger a price crash to $20,000. The Federal Reserve's attempts to control inflation and bring down interest rates may impact the price of bitcoin, and there are concerns about the sustainability of the ballooning government debt. Despite this, Donald Trump's plans for bitcoin have also been confirmed, adding further uncertainty to the market.
- Content Editor ( forbes.com )
- 2024-12-24
Serious $4.1 Trillion 2025 Fed Warning Sparks $20,000 Bitcoin Price Crash Fear