Home » Business » “Bitcoin Records Largest Weekly Loss Since November Amidst Regulatory and Liquidity Concerns”

“Bitcoin Records Largest Weekly Loss Since November Amidst Regulatory and Liquidity Concerns”

According to the American network, the largest cryptocurrency by market value ended the week’s trading, down by 2.58%, to $26,181, after it recorded the lowest level since the seventeenth of March, at $25,833 during the session.

Over the course of the week, Bitcoin recorded losses of about 11.25%, which is the largest weekly loss since the eleventh of last November.. The cryptocurrency market is facing a number of problems, including lack of liquidity and the campaign launched by regulators in America, in addition to macroeconomic concerns.

The cryptocurrency also faced a number of negative news throughout the week, including incorrect rumors that the US government is selling its Bitcoin holdings.

2023-05-13 15:42:00
#Bitcoin #recorded #worst #weekly #performance #seventh #day

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.