Bitcoin Experiences Its Worst Losing Streak in Over a Year: Understanding the Crypto Downturn.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: Barron's
Bitcoin's Decline: Bitcoin has fallen for the seventh consecutive session, reaching a price of $89,206.
Longest Losing Streak: This marks Bitcoin's longest losing streak since November 2024.
Market Impact: The decline is attributed to rising U.S.-EU tensions over trade.
Crypto Market Reaction: These geopolitical tensions have triggered a broader tailspin in the cryptocurrency market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
