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via Decrypt · By Decrypt Editorial
This is Bitcoin's Shallowest Bear Market—But is the Bottom In?
BTC
BTC/USDT
$72,709.43
+6.13%
$72,709.43
+6.13%
(24s)24h Volume
$36,380,411,244.86
24h H/L
$72,966.00 / $68,479.72
Change: $4,486.28 (6.55%)
Long/Short
51.4%
Long: 51.4%Short: 48.6%
Funding Rate
-0.0003%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(12:06 PM UTC)
1 min read
In brief
- Bitcoin's 50% drawdown from its $126,000 all-time high is its shallowest to date, compared to 2012’s 90% correction.
- Analysts point to ETF outflows and macro tightening as signs the bear market isn't over.
- $60,000 and $55,000 to $45,000 are key levels to watch if selling pressure continues, Decrypt was told.
Bitcoin’s price action has been down-only in June, dropping double-digits as…
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