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Why Bitcoin Is Crashing Right Now More on: Image source: Getty Images The price of bitcoin fell below the US$50,000 mark at the end of this week. Cryptocurrencies have lost considerable momentum in the second half of April. Many retail investors may have been burnt as digital currencies have been thrust into the mainstream in late 2020 and early 2021. Today, I want to discuss why bitcoin has crashed in the latter half of April. Is it worth buying on the dip? Let’s dive in. The tax man is coming for crypto Back in March, I’d discussed Ray Dalio’s warning on bitcoin and the broader crypto market. Dalio predicted that a regulatory crackdown was on the horizon for cryptocurrencies. At the same time, he said that the market had proven itself in the mainstream.

United statesJesse powellIain butlerRay dalioJoe bidenCanada revenue agencyPurpose bitcoinHive blockchainFool canadian chief investment advisorStock advisor canadaMotley fool stock advisor canadaஒன்றுபட்டது மாநிலங்களில்ஜெஸ்ஸி போவல்இயேந் பட்லர்ஓஹோ பிடென்நோக்கம் பிட்காயின்