Monday, August 5, 2024

Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.

source https://www.coindesk.com/markets/2024/08/05/bitcoin-bounces-to-53k-after-brutal-sell-off-reminiscent-of-covid-crash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Senator and Ex-Bridgewater CEO McCormick Invests More in Bitcoin as Bill in Works

U.S. Senator Dave McCormick, the former chief executive of massive hedge fund Bridgewater Associates, is putting his own cash into bitcoin (...