The last time bitcoin fell ~$5000 in 24 hours was two weeks ago. Two weeks before that it fell ~$7000 in 5 hours. And bitcoin is up 6% over the last four weeks.

The last time bitcoin fell ~$5000 in 24 hours was two weeks ago. Two weeks before that it fell ~$7000 in 5 hours. And bitcoin is up 6% over the last four weeks. This is typical for bitcoin. Anyone can see this for themselves. So the interesting question is to ask why CNBC thinks it's worth sharing a story that blames interest rates with no evidence? It could be as simple as "people will click it". In any case, very dumb.