coin-img-ETHETH+1.20%coin-img-BTCBTC+0.16%coin-img-UCNUCN+0.52%coin-img-SOLSOL-0.16%coin-img-XRPXRP+1.20%coin-img-USDCUSDC+0.00%coin-img-STRKSTRK-27.67%coin-img-HYPEHYPE-10.97%coin-img-ETHETH+1.20%coin-img-BTCBTC+0.16%coin-img-UCNUCN+0.52%coin-img-SOLSOL-0.16%coin-img-XRPXRP+1.20%coin-img-USDCUSDC+0.00%coin-img-STRKSTRK-27.67%coin-img-HYPEHYPE-10.97%coin-img-ETHETH+1.20%coin-img-BTCBTC+0.16%coin-img-UCNUCN+0.52%coin-img-SOLSOL-0.16%coin-img-XRPXRP+1.20%coin-img-USDCUSDC+0.00%coin-img-STRKSTRK-27.67%coin-img-HYPEHYPE-10.97%coin-img-ETHETH+1.20%coin-img-BTCBTC+0.16%coin-img-UCNUCN+0.52%coin-img-SOLSOL-0.16%coin-img-XRPXRP+1.20%coin-img-USDCUSDC+0.00%coin-img-STRKSTRK-27.67%coin-img-HYPEHYPE-10.97%
user-avatar
Godfrey Benjamin

Bitcoin Drops 12% in Seven Days as Profit-Taking Intensifies, CryptoQuant CEO Says

Bitcoin has fallen more than 12% over the past week, with CryptoQuant CEO Ki Young Ju identifying profit-taking by early investors as the primary driver. The selling pressure from holders locking in gains has created downward momentum. Ju suggests only significant macro liquidity inflows could reverse the current trend.
BTC
BTC+0.20%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Trading