Express

Analyst: Bitcoin Price Drop to $30K was ‘Healthy and Necessary’

Amy Liu

Summary: The total cryptocurrency market cap fell by more than $200 billion as Bitcoin price dropped to $30,229 and altcoins correctly sharply. Considering that Bitcoin price rose from $17,586 to $41,950 in less than a month, David Lifchitz, CIO at ExoAlpha views this pullback as a “healthy correction by smart institutions who bought BTC from $20,000 ...

The total cryptocurrency market cap fell by more than $200 billion as Bitcoin price dropped to $30,229 and altcoins correctly sharply. Considering that Bitcoin price rose from $17,586 to $41,950 in less than a month, David Lifchitz, CIO at ExoAlpha views this pullback as a “healthy correction by smart institutions who bought BTC from $20,000 on the way up to $30,000.”

By Amy Liu

Last Update:

Tags: ,,
Link: Analyst: Bitcoin Price Drop to $30K was ‘Healthy and Necessary’   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 5 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 9 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 27 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 28 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.