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Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere

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CoinDesk

AIMode News Desk · curated summary

1 min readBusiness

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Bitcoin's price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.

Key takeaways

  • 01Bitcoin's price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner.
  • 02The traders who once lived off its chaos have taken their risk appetite elsewhere.
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