Bitcoin’s 184th Death? Fed Rate Hikes Could Pop ‘Bubble’ Dotcom-Style

Bitcoin price could dive after several interest rate hikes in a dotcom-style apocalypse, mainstream media has reported.

Sounding the end of “easy money” last week, Forbes said that increases in interest rates from central banks could pile pressure on opportunistic investors and cause Bitcoin to deflate.

The prospect of a claimed Bitcoin “bubble” popping will present itself after several more interest rate hikes, the publication states.

“Bitcoin has turned scores of investors, who bought into the digital currency early, into millionaires,” writes Panos Mourdoukoutas…

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