Bitcoin (CRYPTO: BTC) is down 14% over the past seven days, prompting experts to debate about the role receding liquidity is playing in this correction.
What Happened: In a detailed thread on X on Thursday, UnlimitedFnds Chief Investment Officer Bob Elliott pointed out that the post-election crypto rally is fading, with many assets completing full round trips from their highs.
Bitcoin has dropped 20% from its post-election peak, mirroring weakness across crypto markets.
Full story available on Benzinga.com