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Bitcoin dip Below $22K on Higher-Than-Expected

Bitcoin reached the top star in Asia at the time, this is the highest number after almost 2 months of double.
But this price was big when the US consumer price index in August came up as expected. The price of bitcoin was around 22 thousand at the time of writing the story.
Omkar Godbole of MarketMoves Says It Could Be Bad For Bitcoin If Investors Withdrew Too Much Of Their Money Suddenly, It Could Be a Disaster for Bitcoin
According to coindata expert, the price of bitcoin had crossed 22600 dollars. Which is the highest price since 19 August 2022. And this price is showing a profit of 21%.
But these happy moments did not last long. When the US Labor Department declared the inflation rate at 8.3 percent.
This is higher than July’s 8.5 percent but economists have estimated 8.5%. 1 is more than predicted. They also failed in assessing the rate of inflation.
Nothing can be said about the market at this time. Cryptocurrency is a very risky job, you are requested to invest in this only with complete information and with the help of an expert.
First start small, when you understand, then gradually invest more of your profit and earn profit at the right time. thats all for this article thanks for reading and check story about this article.