Bitcoin Crash Amid SpaceX Pull-Out Echoes ‘Elon-Driven Tops And Bottoms,’ Says Expert: ‘Hope … Market Will Not Revert To Those Times’

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Benzinga

In a stark reminder of past market turbulence, Bitcoin’s (CRYPTO: BTC) recent crash coinciding with SpaceX’s allegedunexpected pull-out has experts cautioning against a return to the volatility witnessed during the “Elon-driven tops and bottoms” of previous years. What Happened: On Friday, Bitcoin remained close to its lowest point in two months, leaving market participants grappling with significant sell-offs. The price of the largest cryptocurrency moved sideways after a single day of trading, leading to an 8% loss. The predominant feature of this market turmoil was a series of mass sell-off…

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