Bitcoin Price Dip in 2022

Bitcoin Price Dip in 2022

This Monday, January 17, the North American Bitcoin Conference kicked off in Miami for the 8th time. Following a short period of decline, the major blockchain event is expected to give positive momentum to the cryptocurrency market.

As for the commodity market, a new wave of political tension and concerns over tight supply pushed oil prices higher, above the $80 threshold.

Be Careful to Jump for Crypto Invest

Bitcoin price dipped below the $35,000 mark for the first time since July 2021 as investors refuse to enter the market amid tightening regulations. Earlier this week, the Russian central bank proposed a ban on creating and using cryptocurrencies. According to Telegram CEO Pavel Durov, this can harm the crypto industry in general by slowing down blockchain technology development.