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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Bitcoin Investors Are 'Rage Quitting' as Long-Time Crypto Bulls Begin Offloading BTC Holdings

Bitcoin Tom Lee Mark Cuban Crypto Gold Ethereum Middle East
Bitcoin prices have declined by over 11% in the past month amid continued economic volatility. (Credit: Freepik/fabrikasimf)

Bitcoin prices continued to slump, sliding over 4.9% in the past 24 hours to hover around $69,393 per token as of writing this article.

Bitcoin has been facing extreme volatility in recent months, worsened by the ongoing Middle East conflict. Amid rampant speculation and forecasts for Bitcoin, long-time advocates have now started dumping their holdings, sparking concerns about the beginning of the end for Bitcoin.

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