Bitcoin Drops 25% In 1 Month: How Does This Crash Compare To 2022?
Bitcoin (CRYPTO: BTC) around $62,000 is sitting directly on the 200-week moving average, a level that only broke during the FTX, Terra, and Three Arrows Capital collapses in 2022. After four weeks of relentless selling that drained ETF net assets from $109 billion to $80.40 billion, June 4 printed a modest $3.05 million net inflow.