![Bitcoin-Plummets-Dashing-Hopes-of-a-Quick-Return-to-Its.png Bitcoin Plummets, Dashing Hopes of a Quick Return to Its Record High](https://cryptotoptrends.com/wp-content/uploads/2021/11/Bitcoin-Plummets-Dashing-Hopes-of-a-Quick-Return-to-Its-678x381.png)
“Bitcoin may continue to attract inflation hedges, but if pricing pressures trigger rapid rate-hiking action from the Fed, that could trigger a massive wave of risk aversion that would penalize cryptos,” wrote Edward Moya, senior markets analyst for the foreign-exchange broker Oanda.
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