Bitcoin and cryptocurrencies in the downward trend: geopolitical tensions and unchanged interest rates burden the market

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Bitcoin und Kryptowährungen im Minus: Aktuelle Entwicklungen am 18. Juni Am 18. Juni 2023 verzeichneten Bitcoin und die meisten Kryptowährungen einen Rückgang. Dieser Preisverfall ist zum Teil auf die anhaltende Krise im Nahen Osten zurückzuführen. Geopolitische Spannungen haben in der Vergangenheit oft zu Unsicherheit an den Finanzmärkten geführt, was sich auch auf den Kryptowährungsmarkt auswirkt. …
Bitcoin and cryptocurrencies in the minus: Current developments on June 18 on June 18, 2023 recorded Bitcoin and most cryptocurrencies. This drop in prices is partly due to the continued crisis in the Middle East. In the past, geopolitical tensions have often led to uncertainty on the financial markets, which also affects the cryptocurrency market. ... (Symbolbild/KNAT)

Bitcoin and cryptocurrencies in the minus: Current developments on June 18

on June 18, 2023, Bitcoin and most cryptocurrencies recorded a decline. This drop in prices is partly due to the continued crisis in the Middle East. In the past, geopolitical tensions have often led to uncertainty on the financial markets, which also affects the cryptocurrency market.

Another factor that contributes to the negative course developments is the decision of the US Federal Reserve to leave interest rates unchanged. This monetary policy measure can be interpreted as a signal that the economic prospects remain unsafe, which in turn can influence the investment behavior of investors. Stability and clear perspectives are crucial for investors in the area of ​​cryptocurrencies, and lack of progress in these areas can lead to a decrease in the interests of investment.

The combination of geopolitical unrest and the monetary attitude of the US Federal Reserve increases volatility on the cryptom market, which presents investors with both risks and opportunities. In such challenging times, it is important for investors to remain well informed and to observe the current developments.