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Bitcoin Shows 'Overwhelming' Institutionalization After ‘Significant Deleveraging’

The crypto market continued lower on Monday after a weekend sell-off that was described as a “significant deleveraging event.” Despite the event now being behind us, however, some traders continued to worry about the pot...

Bitcoin Shows 'Overwhelming' Institutionalization After ‘Significant Deleveraging’
 
The crypto market continued lower on Monday after a weekend sell-off that was described as a “significant deleveraging event.” Despite the event now being behind us, however, some traders continued to worry about the potential for an extended market correction.
At 11:14 UTC, the total crypto market capitalization had fallen to USD 2.292trn, down almost 29% from a peak of over USD 3trn less than a month ago on November 10....
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