Bitcoin Slumps as Risk Appetite Fades Across Crypto Markets
18h05 ▪
5
min read ▪ by
Summarize this article with:
Bitcoin has extended its decline following a sharp market shock in October, while traditional safe-haven assets continue to climb. Data from on-chain analytics and price movements suggest investors are withdrawing funds from crypto and shifting toward assets seen as more stable during periods of uncertainty. A falling stablecoin supply has added to concerns that a broader market recovery may take longer to materialize.
In brief
- Bitcoin is down nearly 30%…
