Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

“Sentiment for cryptos is terrible,” Edward Moya, senior market analyst at the foreign-exchange broker Oanda, wrote Monday in an emailed briefing. “Bitcoin is attempting to form a base, but if price action falls below the $20,000 level it could get even uglier.”

Originally Posted on: https://www.coindesk.com/markets/2022/06/13/market-wrap-bitcoin-tumbles-most-in-1-year-as-crypto-cracks-appear/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Bradley Keoun, Jimmy He

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