From Cointelegraph: 2024-07-10 17:41:27

After Bitcoin experienced its steepest drawdown in years, 83% of short-term traders are facing losses. The massive drop in BTC price has caused turmoil in the market, leading to significant financial losses for many investors. This development has caused concern and uncertainty among traders and investors in the cryptocurrency space.

Read more at Cointelegraph: Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits