Bitcoin is currently facing a significant downward trend, marking its longest period of consecutive weekly losses since the 2018 bear market. The digital asset has struggled to maintain its valuation as macroeconomic pressures, including rising interest rates and high inflation, drive a broader sell-off in risk assets. Analysts point out that this sustained decline reflects a fundamental shift in investor sentiment and a tightening of global liquidity. While previous dips were often met with quick recoveries, the current streak underscores the persistent volatility and the challenging economic environment that cryptocurrencies must navigate following the record highs of the previous year.
Source: Bitcoin on Pace for Longest Losing Streak Since 2018 Bear Market
コメント