Why BTC has dropped to 20,000 lately? Let’s take a look at the main reasons. : The BTC Price Drop to $20,000 Is Something Crypto Investors Don’t Want To Happen The main reason is the impact of monetary policy. lack of growth factors and the lack of inflows of money from institutional investors.
2. Lack of Influx of Institutional Investors: Despite the recovering sentiment in the Crypto market, the market is not moving from institutional investors. Over the past two weeks, the market has seen no outflows at all.
3. The lack of factors supporting growth is the lack of support for institutional investors. strict financial policy And the Crypto market stagnant has caused the bear market to continue for a while and moreover, during this time there has been no news, updates or any activity related to Bitcoin at all.
Ethereum’s The Merge Upgrade Might Be The Only Thing That Brings Funds To The Crypto Market
Source : https://u.today/3-reasons-why-bitcoin-is-at-20000-and-what-happens-next