Bitcoin fell from $81,000 to $67,000 in 10 days.
CryptoPotato’s assessment: There was no single catalyst behind this downturn. Instead, several negative developments piled up, while underlying demand and liquidity had already weakened considerably.
· The source does not specify what the nine reasons were or how the decline was calculated.
· Weakening demand and liquidity are the outlet’s descriptions, not quantifiable metrics.
During this downturn, would you watch spot trading volume first, or derivatives funding rates?
CryptoPotato’s assessment: There was no single catalyst behind this downturn. Instead, several negative developments piled up, while underlying demand and liquidity had already weakened considerably.
· The source does not specify what the nine reasons were or how the decline was calculated.
· Weakening demand and liquidity are the outlet’s descriptions, not quantifiable metrics.
During this downturn, would you watch spot trading volume first, or derivatives funding rates?
