Quick Take Bitcoin has experienced a notable downturn in recent days. It is currently trading around $63,000, approximately 15% below its all-time high. The past five days have seen a 10% decline, causing concern among investors. Various factors, such as the US Consumer Price Index (CPI) surpassing expectations and escalating geopolitical tensions in the Middle […]
The post Short-term holders spark Bitcoin sell-off: Over $2 billion shed at loss to exchanges appeared first on CryptoSlate.
Originally appeared here:
Short-term holders spark Bitcoin sell-off: Over $2 billion shed at loss to exchanges