Bitcoin's Price and Liquidity Concerns: Insights from Traders and Analysts.

1 min read
Source: Bloomberg
Bitcoin's Price and Liquidity Concerns: Insights from Traders and Analysts.
Photo: Bloomberg
TL;DR Summary

Bitcoin briefly dropped below $27,000 for the first time in two weeks, as concerns over declining participation from institutional market makers raised worries of more volatile price swings. The cryptocurrency tumbled about 5% in a matter of minutes before recovering slightly to trade down less than 1% at $27,460.

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