Why Is Bitcoin Crashing? 5 Pressures That Pushed BTC Below $69,000
Bitcoin price fell below $69,000 for the first time since mid-August, as five separate pressures landed in the same week. The drop has pushed Bitcoin (BTC) onto its 200-week average, the line that anchored its summer recovery. No single trigger explains the speed of the move. Leverage did, and a weekly close below the…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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