Elisandro Santos, an expert in cryptocurrencies, spoke this Thursday on Radio Panama about Bitcoin, which has had a historical low, which is one of the payment methods that was recently going to be approved in Panama through the Crypto law, promoted by the deputy independent, Gabriel Silva.
“Not only Bitcoin is going down, but the international market, the indices, the investments are falling because there are many macroeconomic factors that are making this look collapsed,” he explained.
Santos said that we cannot lose sight of the fact that the entire planet is in a kind of recession and the cryptocurrency market is in a delicate moment and looking to the future. “Bitcoin is right now at $21,270 and if it breaks the $20,000 barrier down it can start to free dive,” he said.
He added that there is a huge loss of cryptocurrency capitalization that has not been seen since 2021, and there are many macroeconomic and psychological reasons of the people, but one of the most important is the lack of purpose of use of cryptocurrencies.
