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Bitcoin Prices Fall To Lowest in Months

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A "Bitcoin" coin

Bitcoin prices have fallen to their lowest level in months following remarks from the US Federal Reserve.

The crypto-currency dropped in value from $47,000 (£34,700) earlier this week to less than $42,000 (£31,000) per digital coin.

It follows minutes from a meeting of the Federal Reserve, which suggested it may raise interest rates.

Political events in Kazakhstan have also raised concerns about the network’s capacity.

Because of its global and decentralised nature, attributing a rise or fall in the price of Bitcoin to a single cause is difficult. But many commentators have pointed to the release of the Federal Reserve’s December meeting notes as one factor.

The minutes suggest that America’s central bank might raise interest rates sooner than some had anticipated, and sell off some of its assets.

That could have led to a knock-on effect of traditional investors who hold Bitcoin, as they pursue less risky assets instead.

At the same time, a huge amount of the world’s Bitcoin mining – the process by which transactions are verified and new “coins” made – takes place in Kazakhstan.

The massive Central Asian country has been hit with political unrest this week, as citizens took to the streets to protest against rising fuel prices. Fatal violence followed as demonstrators – which the country’s leaders paint as “rioters” – seized buildings in the capital city, Almaty.

Chart showing which countries account for the majority of Bitcoin mining

Kazakhstan is thought to process nearly a fifth of all Bitcoin “mining”, as the process is called, due to its usually cheap electricity. And an internet shut-down earlier this week appeared to hit the processing power of the entire Bitcoin network.

This is what happened:

  • Bitcoin started the week at a price above $47,000 per coin
  • That began to slip by mid-week to around $46,000
  • On Wednesday, the Federal Reserve minutes were released
  • By Thursday, the price fell sharply to around $42,000
  • It hit a low of nearly $41,000 at one point on Thursday before recovering slightly

The dip means Bitcoin has hit its lowest price since September 2020, down from a November peak of more than $60,000.

Other crypto-currencies have also seen price falls. Ethereum saw its value drop by more than 4% in 24 hours, from approximately $3,800 to under $3,200.

Matthew Dibb from Singapore-based crypto-company Stack Funds told Reuters news agency: “We are seeing broad risk-off sentiment across all markets currently, as inflationary concerns and rate hikes appear to be at the forefront of speculators’ minds.”

He also warned that “there is risk of a retreat back to the mid-30s on the short term”.

Crypto-currencies, and particularly Bitcoin, continue to face criticism.

The Mozilla Foundation – the group which makes the Firefox web browser among other open-source software projects – announced it would no longer accept crypto-currency donations after pushback from users.

The group has accepted crypto-currency donations for years, but a recent tweet reminding people of that fact led to an angry response, as the digital currency’s energy use and unregulated nature continue to be controversial among many critics.

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KenryWhite Releases “Kilometers” & “The King” A Powerful Double Release Celebrating Faith, Purpose, and the Journey to Greatness

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Nigerian Afrofusion artist KenryWhite unveils his compelling two-track release, “Kilometers & The King,” a project that explores the realities of life’s journey while affirming identity, faith, and purpose.

Leading the release is “Kilometers,” an uplifting anthem that reflects on the distance between dreams and fulfillment. Through heartfelt lyrics, captivating melodies, and vibrant Afrobeats production, KenryWhite encourages listeners to embrace the process, remain resilient, and keep moving forward despite life’s challenges.

Complementing the project is “The King,” featuring Wonder J. The record is a bold declaration of confidence, royalty, and divine purpose, blending infectious Afrobeats rhythms with inspiring lyricism. Together, the duo delivers a record that celebrates self-belief, leadership, and the mindset required to overcome every obstacle.

With rich storytelling, memorable melodies, and contemporary African sounds, “Kilometers & The King” showcases KenryWhite’s artistic growth while delivering music that inspires, motivates, and connects with audiences across the globe.

Now available on all major streaming platforms, “Kilometers & The King” invites listeners to embrace the journey, recognize their worth, and walk confidently into their purpose.

 

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Kilo Lazer Set To Release Debut Album “From The Mud” On August 21

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Nigerian street-pop artist Kilo Lazer is set to release his highly anticipated new album, From the Mud, on Friday, August 21, 2026.

The project is a raw and personal reflection of Kilo Lazer’s journey, capturing themes of struggle, ambition, faith, family, money, survival and the pursuit of success. Across 18 tracks, the album documents the realities of coming from humble beginnings while chasing a bigger life.

The tracklist features songs including “I’m Grateful God,” “Iba,” “Ọmọ Lugbade,” “Something Good,” “Bọ̀rọ̀ Bọ̀rọ̀,” “Gift,” “Mamacita,” “Adura,” “After Money Na Money,” “Love You Mama,” “Father Legacy,” “Burst,” “Bounce,” “Ọ̀wọ́ Nìjọ̀ Wa,” “Lighter Mi,” “Agbara,” “Tẹka,” and “Watery Watery Rice.”

With From the Mud, Kilo Lazer presents more than an album—it is a soundtrack to his journey from where he started to where he is determined to go.

From the Mud drops Friday, August 21, 2026, across all major streaming platforms.

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Biography Of AfroGospel Singer ADEBISI

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ADELIYI ADEBISI, professionally known as ADEBISI and also recognized as ADEXBARCA, is a UK-based gospel musician, praise leader, songwriter, and music producer dedicated to leading people into authentic worship through music.

With a passion for creating songs that inspire gratitude, faith, and heartfelt praise, ADEBISI has steadily built a growing reputation as one of the emerging voices in contemporary African gospel music. His sound blends Afro-gospel rhythms with powerful worship, delivering songs that resonate across cultures, generations, and languages.

Beyond recording music, ADEBISI actively ministers as a psalmist, leading worship in partnership with churches, ministries, and gospel events across the United Kingdom. His ministry is centered on creating an atmosphere where people can encounter God through sincere praise and worship.

Over the years, he has released a number of inspiring gospel songs, including Ese BabaOluwatamiloreHalleluyahGive Praise to God, and Jelenke Praise. His latest single, “Receive My Praise (Baba Gbo Ope Mi)”, continues that journey with a vibrant Afro-gospel worship sound that celebrates thanksgiving and wholehearted devotion to God.

As both a songwriter and producer, ADEBISI remains committed to creating original congregational praise music that ministers to listeners worldwide. His mission is simple yet profound: to lead God’s people into genuine, heartfelt praise—one song at a time.

His music is available on all major digital streaming platforms, including Spotify, Apple Music, Audiomack, Boomplay, SoundCloud, and YouTube.

Connect with ADEBISI

  • TikTok: @adexbarca
  • Instagram: @adexbarca1
  • YouTube: @adexbarca
  • Facebook: Adebisiofficial

Search “ADEBISI” on all major music streaming platforms to discover his growing catalogue of praise and worship music.

 

 

 

 

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