May 16, 2025

More Bloodshed To Come: CryptoQuant Predicts Bitcoin Price To Plunge Below $40K

1 min read

The post More Bloodshed To Come: CryptoQuant Predicts Bitcoin Price To Plunge Below $40K appeared first on Coinpedia Fintech News The recent panic selling in Bitcoin and the broader crypto market has been influenced by the Bank of Japan’s decision to raise interest rates from 0% to 0.25%, coupled with increasing fears of a U.S. recession. This has led Bitcoin’s (BTC) price to fall to $49,112 but has since recovered slightly to $52,982, showing a …

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