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Bitcoin on Pace for Longest Losing Streak Since 2018 Bear Market

by Decrypt
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Bitcoin on Pace for Longest Losing Streak Since 2018 Bear Market

In brief

  • Bitcoin has fallen 52.44% from its October all-time high, dangerously approaching the 2018 bear market drawdown of 56.26%.
  • The crypto market lost 1.33% in the last 24 hours, with a total market cap at $2.33 trillion
  • On Myriad, prediction market traders say there’s a 60% chance BTC touches $55K before $84K.

The crypto market is bleeding. And the wounds keep deepening.

Bitcoin trades at $67,621 today, down 1.70% in the last 24 hours. But this isn’t just another bad day—it could potentially help…

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