Bitcoin drops to its lowest in nearly 16 months, down more than 48% from its all-time high. Amid rising U.S. Treasury yields and tightening liquidity, cryptocurrencies continue to come under pressure. At the same time, Bitcoin’s movement is highly synchronized with the Hang Seng Tech Index. See the chart for details>>>
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Is Bitcoin entering a new round of adjustment?
Bitcoin drops to its lowest in nearly 16 months, down more than 48% from its all-time high. Amid rising U.S. Treasury yields and tightening liquidity, cryptocurrencies continue to come under pressure. At the same time, Bitcoin’s movement is highly synchronized with the Hang Seng Tech Index. See the chart for details>>>