Surviving the Storm: Bitcoin Sees Wildest Trading Day Post-FTX Debacle
In recent times, the cryptocurrency market has once again been thrust into the limelight due to a noteworthy increase in bitcoin's intraday volatility This resurgence of extreme price fluctuations has brought back memories of the tumultuous periods that have characterized the digital currency landscape, most notably the fallout from the collapse of a major crypto exchange in 2022 The Resurgence of bitcoin's Volatility The digital currency known as bitcoin witnessed a significant surge in its intraday volatility, reaching peaks not observed since the debacle of a major cryptocurrency exchange in the previous year This heightened volatility was marked by the asset experiencing its most severe price movements in approximately 20 months During this period, bitcoin's price variability showcased extreme highs and lows, a phenomenon witnessed amid a broader global market downturn, as indicated by analysis from esteemed researchers...
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