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Adam Livingston: Bitcoin sees one of worst daily drops since 2020

Adam Livingston: Bitcoin sees one of worst daily drops since 2020
Bitcoin records major downturn since 2020

Adam Livingston reports that if Bitcoin closes today at its intraday low with a 5.86 percent decline, it would rank around the 70th worst daily candle out of 2,345 BTC days since 2020.

He describes this as bottom 3 percent, calling it a significant downturn often associated with increased concern from retail investors referring to Kevin Warsh.

Livingston previously reported on the price surge of ASST from $17 to $793 following $150 million in Bitcoin investments, noting projections for increased monthly funding in the sector (full story). He has also covered the use of SATA as a vehicle for Bitcoin-based daily payments challenging the U.S. dollar through speculation (full story). These earlier updates offer context to current shifts in Bitcoin trading activity.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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