Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
10 months ago
23
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before recovering some losses to trade 3.7% lower at $42,165 at the time of […]
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