Bitcoin Trends: Lower YTD With Decreased Volatility

"Challenges for bitcoin miners include a crypto winter, electricity pricing, computational difficulty, and political presser. Is the HIVE Blockchain a lone bull in a crypto mining bear market? Will a refusals by Canadian powers to sell electricity expand to miners? U.S. midterms are a tipping point for the digital asset industry," says Greg Johnson. "Global markets remain in disarray as low growth, Federal Reserve hiking create disruptions across economic, markets, and among key players. Bitcoin is down 56% year-to-date with lower volatility," adds Mark Connors.

Trading 360

07 Nov 2022

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