Will It Spark A New Bitcoin Sell-Off? — TradingView News
In what could soon be recognized as the worst-performing week since November 2022, the market’s leading crypto, Bitcoin (BTC), experienced a significant downturn on Friday, plummeting to an eight-month low of $80,000.
Market analysts suggest that this downturn began in earnest on October 10, when the market first exhibited signs of a downward trajectory. That day was marked by a brutal liquidation event, erasing nearly $21 billion within minutes and triggering a series of flash crashes that have since perpetuated fears throughout the industry.
Digital Asset Treasuries At Risk?
Ran Neuner, the founder of Crypto Banter, believes he has uncovered the reasons behind the crash that commenced on October 10 and why the market has struggled to…
