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Bitcoin's tumble: Here's what may have sparked selloff --- and why it may spell trouble for other assets

Por: MarketWatch Politics August 20, 2023

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Bitcoin gained 60% so far this year, but is still down over 60% from its all-time high in 2021, according to CoinDesk data.  The next important support level to watch is $25,200, according to Katie Stockton, founder and managing partner of Fairlead Strategies. The secondary support for bitcoin stands at around $20,600, Stockton said. The low trading volume and muffled volatility for the past several months have rendered bitcoin vulnerable to... + full article



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