Bitcoin has been under considerable pressure over the past weeks since zooming to an all-time high above $73,500 late in the first quarter. The second quarter saw a slowing of inflows and even on occasion sizable net outflows into the U.S.-based spot ETFs. Then in late June into early July, a flood of supply from the sale of government holdings and the return of Mt. Gox tokens sent the price crashing to below $54,000 at one point, nearly 27% below that record high.
Latest crypto crash leaves Bitcoin Pepe unscathed
Revolutionary meme cryptos have captured the attention of crypto enthusiasts even as majors like Bitcoin continue to experience selling pressure....