Crypto Markets Shed $230 Billion in Recent Days as Bitcoin Retreats from All-Time High
• Cryptocurrency markets have lost $230 billion in the last 6 days as Bitcoin sheds value from its all-time high • AI altcoins and meme coins had contributed significantly to the crypto bull market recently but are now crashing • Bitcoin's price is slowing down after huge 347% gains since the start of 2023 due to stabilizing ETF flows • Bearish technical patterns on Bitcoin's weekly chart suggest caution is warranted for crypto investors • Over $400 million worth of crypto positions have been liquidated in the last 24 hours, led by Bitcoin and Ethereum