What is Happening to Bitcoin

Good day everyone!
We all know that cryptocurrencies are volatile assets. But the current market instability due to the downtrends in Bitcoin has really affected the Crypto market adversely.

My question in this article is, What is happening to Bitcoin? Is it that the Russian Ukraine war is affecting it or that the regulations of Chinese government on Bitcoin mining is affecting it? I really want to know; please if you have answer to this question let us know in the comment section.

Thank you very much for reading this post. Please make sure to answer the question in this post so that others reading this post will also learn!