The stock market has witnessed significant volatility since the beginning of the year due to the challenging macroeconomic and geopolitical environment. The crypto market fared even worse, with Bitcoin and Ethereum declining more than 55% year-to-date.
Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said, “Although at $21,800, Bitcoin is still some way off its June lows of under $19,000, volatility is once again wracking the market.”
