Dumb Money May Cause Bitcoin Price Correction, Here’s Why

The Bitcoin (BTC) price is facing significant downward pressure. As of now, BTC trades at around $64,000 remaining stagnant amid the unfavorable market conditions. Whilst, analysts are concerned about dumb money invading the territory and pushing the Bitcoin price lower. Dumb Money Vs BTC According to IntoTheBlock data, about 5.45 million addresses have accumulated 3.03 The post Dumb Money May Cause Bitcoin Price Correction, Here’s Why appeared first on CoinGape .

Source: CoinGape