Bitcoin’s Latest Pullback Ranks 6th in Its Worst Drawdowns

Name: Bitcoin’s Latest Pullback Ranks 6th in Its Worst Drawdowns
Uploaded: 2022-01-26T02:30:50Z
Duration: 1 min 79 s
Description: Bitcoin is recovering from Monday’s low of about $33,000, which represented a severing of more than half of its November all-time high value of $69,000. The 52% decline from the peak thus far ranks sixth in bitcoin’s history of worst drawdowns, but this retreat could continue to grow larger, according to data from NYDIG.

Jan 26, 2022

Bitcoin is recovering from Monday’s low of about $33,000, which represented a severing of more than half of its November all-time high value of $69,000. The 52% decline from the peak thus far ranks sixth in bitcoin’s history of worst drawdowns, but this retreat could continue to grow larger, according to data from NYDIG.

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