Bitcoin plumbs April lows as US dollar strength hits highest since May 2020
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</p><p>USD reaches 23-month highs while the Russian ruble joins in on the surprise gains.</p>
Source: Bitcoin plumbs April lows as US dollar strength hits highest since May 2020
Would appreciate your opinion about this
I think this is already expected since April is a common month for us to pay our taxes. Now that the deadline is near, I think they are cashing out their BTCs or any other cryptocurrencies to settle their taxes for this quarter. This is just my own opinion about the latest BTC price plunge.