price move
3 Surprising Factors Behind Bitcoin’s Brutal $8K Weekly Drop
16Importance
developingStatus
1News media
- Published
Key claims & sources
Summary in preparation.
Market reaction i
Bitcoin rose 0.3% in the 4 hours after the first headline, after falling 0.5% in the 2 hours before.
$73,559
price at the headline
-0.5%
2 h before
+0.3%
4 h after
+0.3%
3 h after (so far)
First headline
30 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Nov 11 09:55
CP
CryptoPotato
scoop
Breaks the event: $6.6B and $1.3B
Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.1 years ago | BTC at $115,227 high | today it sits -36.0% from there |
| 4 months ago | BTC at $58,566 low | today it sits +26.0% from there |
From what we have stored, starting 1.1 years ago.