Bitcoin recorded its largest single-day drop since the FTX crash yesterday
Data shows that Bitcoin fell by more than 8% yesterday, dropping below $62,000. This is the largest single-day percentage drop since November 9, 2022. On November 9, 2022, due to the bankruptcy of FTX exchange, BTC dropped by more than 14%. Trader and economist Alex Kruger stated that the latest price slide of Bitcoin was driven by various factors, including outflows from spot ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hard AI Morning News | Anthropic’s valuation slashed to 1.2 trillion
We Are Still Early: One Brutal Wall Street Session Erased More Than the Entire Crypto Market
PS5 Pro is Sold Out Everywhere as GTA VI Pre-Load Starts Next Week
Crypto prices
More
