Bearish Day for Bitcoin and STEEM

Bitcoin price fell today mainly because of heavy liquidations, weak markets as many US stocks dropped and fear rose. Some funds sold "en mass" BTC ETF.

Of course, political factors played a big role.

Globally, the wars and threats increased fear in all markets.
New tariff threats raised inflation fears and hurt crypto.
Geopolitical uncertainty and regional conflicts made investors temporary move away from risky assets, Bitcoin included.

Some of the top the economic reasons:

High inflation. Rising prices pushed investors away from risky assets.
Strong dollar. A stronger dollar made Bitcoin less attractive globally.
Rate fears. Markets expect higher rates, hurting crypto demand.

Watch for more volatility.

As always, DYOR.

On the positive side, we could buy BTC under $70k and STEEM under $0.05 :-)

Image by Mohamed Hassan from Pixabay

Here are some of our favorite quotes to motivate you to not give up and keep up the good work!

"Success isn't always about greatness. It's about consistency. Consistent hard work leads to success. Greatness will come."

By Dwayne Johnson

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"Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit."

By Conrad Hilton

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"Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved."

By Helen Keller

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"I've come to believe that each of us has a personal calling that's as unique as a fingerprint and that the best way to succeed is to discover what you love and then find a way to offer it to others in the form of service, working hard and also allowing the energy of the universe to lead you."

By Oprah Winfrey

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"Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all."

By Dale Carnegie

Our journey here continues and we hope to find lots of new friends and interesting content and accounts on Steemit!

If you got up to this point, please receive some positive vibes and thoughts from us. Have a great day!

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Divider by Rebecca Read from Pixabay