Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

August 5, 2024

Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.

Source

Spread the love

Related posts

• 

  August 14, 2024 0

  Bitcoin (BTC) Price May Turn Lower as Crypto Exchanges See $1B of Tether (USDT) Withdrawal

  “In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors...

  ICO News 

• 

  August 14, 2024 boss 0

  Bitcoin is bullish because rate cuts are coming: Bitfinex

  Analysts at Bitfinex suggest that the latest Consumer Price Index (CPI) data aligns with expectations, bolstering...

  Bitcoin News News 

• 

  August 14, 2024 boss 0

  What could this mean for Bitcoin?

  Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen...

  Bitcoin News News