Bitcoin Dives Again in Worst Week for 3 Years. Why This Severe Crypto Selloff Will Continue.

Core Viewpoint - Bitcoin is experiencing its worst week since November 2022 as investors are moving away from risk assets [1] Group 1 - The decline in Bitcoin's value indicates a broader trend of investors seeking safety in less volatile assets [1] - This shift in investor sentiment is likely influenced by macroeconomic factors and market volatility [1] - The current market conditions suggest a challenging environment for cryptocurrencies, particularly Bitcoin [1]