Bitcoin Falls to $29,000 Territory While Ether, Altcoins Plunge Again Due to More Risk Aversion

After crashing severely in early May and throughout April 2022, Bitcoin did show some hope to investors last week by consolidating around $30,000 (roughly Rs. 23.5 lakh) levels. However, on Wednesday, May 18, Bitcoin prices once again slipped under $29,000 (roughly Rs. 22.5 lakh) following a strong correction in the US equity market.