Bitcoin Dumps to $56K as the FED Spooks Markets!

Bitcoin dumped to as low as $56K earlier this morning, as expected hawkishness from the Fed spooks markets and $450 million is liquidated in the last 24 hours. We look at the history of Bitcoin’s price action in bull markets to see if 20% drawdowns are anything new. We also zoom out and look at the catalysts driving Bitcoin’s long long term potential and why alternative investments just don't stack up.

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