In recent weeks, Bitcoin (BTC) has experienced a significant price correction and the leading cryptocurrency has struggled to reclaim the psychological threshold of $30,000 that it surpassed earlier this year. Despite a sharp rise fueled by increasing institutional interest at the beginning of this year, the inability of the cryptocurrency to sustain its gains has raised concerns and led investors to closely monitor the volatile market. “BTC Could Drop to $25,000!” According to Timothy Peterson, a prominent investment manager, there is a 50% chance that the flagship cryptocurrency will drop to $25,000 before the end of September, instead of moving upward. The post The Future of Bitcoin: Will it Drop to $25,000? appeared first on COINTURK NEWS.
