On Sunday afternoon/evening US time a sell lot of around 24K Bitcoin was slammed through. It difficult to think that this was anything other than part of an aggressive move to drive the price down.
After some retrace it appears to be working, with a new low since being plumbed now, undr US$110K.
There have been wider moves back into the US dollar since Friday’s losses on Powell, but thre does seem to be more to the BTC move than just this.
