Bitcoin Sell-off Postmortem: Euphoria Exhaustion & FUD Behind Massive Liquidations

While no one clear reason is apparent for the sharp bitcoin (BTC) correction this past weekend, analysts do not seem to have been surprised, with some finding it "inevitable." For the cause behind the wave of liquidations, that made the sell-off even worse, many cite euphoria depletion, unverified money laundering crackdown reports, and a power outage in China -