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What happened to the price of bitcoin?

The price of bitcoin fell about 10% Tuesday to around $32,000 and is on pace for its third straight day of losses, bringing most other cryptocurrency prices down with it. It’s down 50% from its April all-time high.

Why is Bitcoin (BTC) down 13% this week?

Crypto markets are in chaos once again, and the price of Bitcoin (BTC) has fallen more than 13% this week. The cause of this week’s seismic disruption: FTX, the world’s fourth-largest crypto exchange, which used to be an industry stalwart. Facing a rapidly worsening liquidity crunch, FTX is hunting for a solution to save the business.

Is bitcoin still struggling?

Bitcoin is still struggling below $17,000 and centralized exchange inflows and inflows seem to be mirroring the trend of the digital asset. Over the last 24 hours, the net flows... Bitcoin Correction Soon? MVRV Triple Ribbon Approaches Bearish Cross

Is bitcoin in a clear downtrend?

Dave Keller from Sierra Alpha Research said in a market video update to clients that $30,000 is the support level to watch, and that bitcoin is a market in a clear downtrend.

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