Explained: Why Bitcoin is sliding — and why the pain may not be over
Bitcoin's recent steep fall, marked by a $1 trillion market wipeout, is attributed to five key factors identified by Deutsche Bank. These include a broader risk-off sentiment mirroring tech stocks, hawkish Fed signals, stalled regulatory clarity, institutional pullback after liquidations, and long-term holders cashing in, creating a liquidity shock.
Bitcoin's recent steep fall, marked by a $1 trillion market wipeout, is attributed to five key factors identified by Deutsche Bank. These include a broader risk-off sentiment mirroring tech stocks, hawkish Fed signals, stalled regulatory clarity, institutional pullback after liquidations, and long-term holders cashing in, creating a liquidity shock.
