A punishing Bitcoin selloff that has erased more than half of the pioneering cryptocurrency’s value saw a wild swing on Thursday evening.
At one point, Bitcoin’s price fell more than 5%, highlighting the ongoing volatility in the crypto market.
https://www.marketwatch.com/story/the-bitcoin-selloff-is-deepening-after-worst-day-for-the-pioneering-crypto-since-ftx-collapse-dae49846?mod=mw_rss_topstories
Believing that Bitcoin and crypto markets will strictly follow four year bull bear cycles is misguided says ‘PlanB’.
Data shows the cryptocurrency derivatives market has seen liquidations of a whopping $1. 7 billion as Bitcoin and other assets have plunged. Bitcoin Has Erased Its Recent Recovery With A Drop Under $113, 000 Last week, things looked to be on the up for Bitcoin as its price approached the $118, 000 level, but the end of the [.].
UK police seized cryptocurrency worth more than 5bn after a seven-year probe into a global money laundering web.