Charts reveal the extent of the crypto crash and investor outlook

wiwo.de (German)

Bitcoin is attempting a recovery after a significant 30% drop from its peak, driven by hopes of potential Fed interest rate cuts. The cryptocurrency is currently trading around $91,390, far from its all-time high. Analysts are divided on whether this is a normal market correction or a sign of further declines. The article uses charts to illustrate the extent of the crypto crash, highlighting factors like leveraged trading, technical indicators like the "death cross," investor sentiment, ETF performance, and the impact of Bitcoin's movements on other cryptocurrencies.


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Charts reveal the extent of the crypto crash and investor outlook | News Minimalist