Markets
Bitcoin (BTC) Outlook Hampered by Biggest Loss Streak of 2024
Bitcoin is falling as part of a $500 billion drop in digital assets, raising questions about whether the crypto rally has peaked.
The token is flirting with five consecutive days of declines, which would be the longest losing streak since October last year. The overall crypto market fell 17% to $2.4 trillion following Bitcoin’s mid-March record high of $73,798, according to data compiled by CoinGecko and Bloomberg News.