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#StrategyToIssueMorePerpetualPreferreds
The decline in BTC is due to several factors. The current price is around $65,445, down 2.28%.¹
*Why is it falling?
- *Institutional Investor Exits*: Exits from ETFs and risk aversion by institutional investors
- *Fed Interest Rate Policy*: The expectation that interest rates may remain high reduces demand for risky assets
- *Macroeconomic Uncertainties*: US debt limit negotiations and inflation concerns
- *Decrease in Miners' Income*: Block rewards decreased after the halving, reducing miners' income
*Altcoins are also affected*: Bitcoin's decline is negatively impacting altcoins as well. Investors are avoiding risk and exiting altcoins.
It's important to follow market dynamics and focus on long-term strategies. 😊🙏💙💛
$BTC