Bitcoin just ended its ‘longest winning streak’ with a ‘well overdue correction’
Bitcoin (BTC) lost a four-month price range with a three-day 14.74% crash to $53,540 on July 5. In the last 30 days, BTC lost over 25% of its market value, ending an all-time “longest winning streak.” Capriole Investments ‘ crypto analyst Charles Edwards reported this milestone on X, highlighting Bitcoin’s 427-day winning streak without a 25% drawdown. Essentially, it is the first time in history that Bitcoin has gone without such a correction for 427 days. Edwards called it a “pretty incredible run” and a “well overdue correction ” for the leading cryptocurrency. Picks for you Here's how much Bitcoin Germany has sold so far 7 mins ago Crypto market crashes below $2 trillion; here’s ...