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Not Random Panic: Bybit Highlights Factors That Pulled BTC Below $60K
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Not Random Panic: Bybit Highlights Factors That Pulled BTC Below $60K
Analysts at the crypto exchange Bybit have highlighted factors that contributed to bitcoin (BTC) recording its worst single-week percentage decline since the FTX collapse in November 2022. According to the report, the decline was not triggered by random panic from the market, but was a result of a structural breakdown that had been building for weeks. As reported in the Bybit Options Weekly Review, multiple forces hit simultaneously: stronger U.…
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