Bitcoin's 24-Hour Crash: FCA Warning Was A Slap In The Face. But It Wasn't The Cause.
See what 'allowed' for a turn down in the immediate future In case you blinked over the last few days, bitcoin bulls had their hat abruptly handed to them when the cryptocurrency plummeted a jarring 26% in 48 hours. The grisly details (or, here's how this bearish opportunity unfolded, for the few traders who were ready): The selloff was the market's worst two-day decline since the start of the coronavirus in March 2020. The crash took prices $10,000 down from their all-time high near $42,000 set on Friday, January 8. And, all told, the move erased nearly $185 billion from bitcoin's value (Jan...
Source: econintersect.com