The Bitcoin and other cryptocurrency market collapses ahead of key events
Bitcoin has fallen to its lowest in a week, currently at $113,875. The rest of the cryptocurrency market is collapsing due to the caution of the traders themselves, which has reduced the total market capitalization by 0.75% today and even more in the long term.
It is worth noting that, along with these events, the peace talks between the United States, Russia, and Ukraine are also affecting the financial market. Stocks, oil prices, global bonds, and yields are also experiencing consequences. Now, the moderate or aggressive tone of Jerome Powell in his speech could further define the trajectory of the market.