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Pope condemns increasing ‘death spiral’ in Israel-Palestinian conflict

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Home » Crypto News » Why is Bitcoin price down today? By Cointelegraph
Why is Bitcoin price down today?  By Cointelegraph

Why is Bitcoin price down today? By Cointelegraph

By International AffairsDecember 7, 2022No Comments1 Min Read
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Why is Bitcoin price down today?  By Cointelegraph


Why is Bitcoin price down today?  By Cointelegraph

(BTC) price has seen a gradual decline in its bullish momentum to hit a new monthly low at $16,736 on Dec. 3.

The move follows a market-wide decline that has already set BTC capitulation records in the aftermath of the FTX-induced contagion.

BTC correlation to equities. Arcane Research
Bitcoin realized profit and loss. Source: Glassnode
Grayscale BTC holdings. Source: Coinglass
Real BTC-USD Daily Volume. Source: Arcane Research