Bitcoin Drawdown 50% This Cycle Shows Maturing Market, Fidelity Says
Bitcoin has experienced a significantly milder drawdown this market cycle compared to previous cycles, declining approximately 50% from its all-time high rather than the historic 80% to 90% drops, according to Fidelity Digital Assets research. The cryptocurrency’s post-all-time-high drawdowns have historically been severe, but this cycle has shown considerably less dramatic declines, Fidelity Digital Assets…
