On June 18, 2022, Bitcoin’s price dropped under $20,000 for the first time since December 2020. Bitcoin showed a remarkable growth during the COVID-19 pandemic, especially during the lockdown era, with the price of the digital currency surging by 300%. However, as the famous saying goes, “The higher they rise, the harder they fall,” which is what Bitcoin is experiencing.

Over the past couple of weeks, investor confidence has been dropping in both the crypto and stock markets. Moreover, with the current economic climate, many investors have begun offloading most of their investments as there are rising concerns about a potential recession, leading to a crypto bear market.

Darius Pettway is the Co-Founder of Pettway Estates and KidVestors. Darius is passionate about helping people learn about real estate and build wealth in the process. He is also determined to educate and empower the youth regarding financial literacy through his company, KidVestors.

Kevin L. Matthews II is the best-selling author of From Burning to Blueprint: Rebuilding Black Wall Street After a Century of Silence. He is a former financial advisor who was named one of the Top 100 Most Influential Financial Advisors by Investopedia in 2017.

Marques Murrey is the Co-Founder of Black, Married & Debt Free, which he operates alongside his wife, Shyra Murrey. Marques is a real estate investor and financial coach who shares his best money advice on his website, YouTube channel, and podcast.

On June 10, 2022, Tesla announced their board of directors had accepted a proposal for a three-to-one stock split. If the majority of the shareholders vote in favor of the stock split, it will then be initiated and executed.

One of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.

On Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.

fter a couple of weeks of going back and forth, Twitter's board of directors has decided to accept Elon Musk's deal to buy Twitter. So on April 25, 2022, Musk's offer to acquire Twitter for $54.20 a share, or roughly $44 billion, was accepted.

In an attempt to own the social media company, Elon Musk's offer to buy Twitter is around 43 billion dollars. However, the Twitter board has unanimously agreed to adopt a measure called poison pill.

Elon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.