What are the reasons behind a sudden drop in Bitcoin?


Bitcoin is the world’s largest cryptocurrency that has every time hit new records. But currently, the price of this largest cryptocurrency has slumped by half after hitting the all-time high record of $65000 in April 2021. There’s so much going on in the crypto market because of its highly volatile market. The market is getting positively affected by every other thing. The prices of cryptocurrencies are falling after Internal Revenue Service called the lawmakers to give them complete authority to tighten the rules on transfers made in the cryptocurrency market.…

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