Bitcoin has been on an unstoppable march northward for the past few months. The first cryptocurrency by market cap managed to break above $42,000 in its most solid attempt yet at reclaiming new highs since May’s crash. Bitcoin, the world’s most popular cryptocurrency and a decentralized digital currency has been receiving attacks from all over.
A recent report from Zero Hedge suggests that US consumers may have already spent most of their excess savings. The timing might correlate with the Bitcoin slowdown: prices for this cryptocurrency saw a huge decrease in November after reaching an all-time high on October 18th. The sheer number of new data points makes it difficult