The drop comes after the stock market officially entered into bear market territory for the first time since 2020. Several important factors such as rising inflation, and geopolitical crises continue to drive extra short-term volatility in the crypto market and stock markets.
What was the highest point of bitcoin This Year?
The highest point of Bitcoin in 2022 was on the 2nd of January when its price hit almost $48,000. So far, it has stayed above its, and the late January low point was below $34,000. since Bitcoin's Today's price is $30,152.30. & 29,277.92 was the lowest price it had attained in the previous six months.
