Is the Bottom in? Bitcoin Tests $65,253 as Market Panic Takes Hold

On Feb. 5, bitcoin plunged 7% intraday, breaking under $66,000 and hitting $65,253 on Bitstamp, sparking fears of a retreat towards $60,000. The drop prolonged bitcoin’s weekly losses previous 20% and marked a 30% correction from its mid‑January peak close to $98,000. Market Affect and Liquidations The bitcoin rout intensified Feb. 5 because the flagship digital […]



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