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‘Fire sale valuations’ on offer as Bitcoin price tumbles to $82,000, says Bitwise
Yahoo Finance· 2025-11-22 06:20
Is Bitcoin having a fire sale? The top cryptocurrency’s price plunged to around $82,000 on Friday, extending a month-long sell off that has erased more than $1.4 trillion from cryptocurrency markets. But for Bitwise’s European head of research, André Dragosch, the crash presents investors with a potentially lucrative opportunity. “Bitcoin could still trade lower in the short term until a clear bullish catalyst emerges,” Dragosch told DL News. “But these would be ‘firesale valuations’ and very attractive ...