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Did Bitcoin fall prey to a ‘risk-off’ play from the traditional market
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ambcrypto.comOn 7 September, Bitcoin dropped by 11%. On 20 September, it declined by close to 9% yet again. However, the panic surrounding yesterday’s 8.30% drop has been far greater. The key difference between all these corrections is that on 3 December, the correction wick was close to 22%.
It was the largest correction wick since 19 May, and that is one particular reason which irked the market in a wrong way.
In this article, we will unravel other factors that may have contributed to Bitcoin’s and the
Read more on ambcrypto.comAbout this in other media
Russian Intelligence Service Wants More Power to Seize Crypto, Freeze Wallets cryptonews.com /3 years ago
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