![Bitcoin price stabilizes at around $20,000](http://www.asicminer-fanyi.com/cdn/shop/articles/5e2ceb31b69fa4befc18e154dee7219f.jpg?v=1666249250&width=1100)
Bitcoin price stabilizes at around $20,000
Due to the tense global economy this year and the fact that the Federal Reserve has been raising interest rates, all industries as a whole are sluggish, and everyone is very poor. U.S. stocks and the Dow have been falling, and all sectors have entered a bear market. However, Bitcoin has the first decentralized property. Since July, the price has been constant at around $20,000, which proves that Bitcoin has the strength to resist inflation and economic depression. I believe that in the future, after the Fed starts to cut interest rates, Bitcoin will attract a new wave of rally, let's wait and see, maybe in two months.