First Mover Americas: Explaining Bitcoin's Sudden Drop
Briefly

Bitcoin (BTC) traded just above $43,000 in European morning hours Thursday, recovering some losses after a leverage flush sent it down as much as 7% on Wednesday as markets reacted to analyst reports.
The long-awaited liquidity easing has been widely touted as a critical bullish tailwind for bitcoin (BTC) alongside the impending spot ETF launch and the Bitcoin blockchain's quadrennial mining-reward halving. There is a catch.
Read at Coindesk
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