Reuters: MtGox slowdown could lead to Bitcoin's worst performance of the month

Golden Financial announced last week that Bitcoin posted its worst performance in six weeks. Matthew Dibb, managing director of Singapore-based cryptocurrency management firm Stack Funds, believes this could continue until Bitcoin sees support at around $ 53,000. In the first second quarter of 2022, more people will receive more Bitcoin. In the long run, this can lead to market dissatisfaction as lenders have to become sellers. “Investors always find themselves in a situation where the Fed is forced to raise interest rates early, which means riskier assets, including Bitcoin, are often undervalued.