Bitcoin and Ethereum Might See Ugly Phase: BTC & ETH Price To Hit New Lows Soon

Even popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) were not immune to the market crash in 2022’s bear market. As a result, the value of Bitcoin and Ethereum has declined since the year began, which has had an impact on investors who bought at record-high prices. 

Following yesterday’s sharp decline in response to the release of the U.S. Bureau of Labor Statistics consumer price index, Bitcoin and Ethereum have recouped all of their losses. 

A well-known cryptocurrency trader has issued a warning that Bitcoin (BTC) and Ethereum (ETH) may soon reach new lows. According to altcoin sherpa