Bitcoin poised for biggest quarterly drop in more than a decade - Economic Times


6/30/2022 12:00:00 AM2 years 10 months ago
by Bloomberg

The 56% drawdown in the biggest cryptocurrency is the largest since the third quarter of 2011, when Bitcoin was still in its infancy, data compiled by Bloomberg show. The decade in between those hallmarks saw several booms and busts, with cryptocurrencies mar…

Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment. The 56% drawdown in the biggest cryptocu… [+1952 chars]

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