The Biggest 3-Day Drop in Bitcoin Since FTX: Analyst Said Do Not Hope for This! - Coin Bulletin

The Bitcoin (BTC) price experienced its most severe three-day decline since the FTX crash in November 2022, losing 12.6 percent from Monday to Wednesday.

Bitcoin (BTC), experiencing a 12.6% loss in the first three days of the week, recorded its largest three-day decline since the FTX bankruptcy in November 2022. This sharp drop was triggered by the delay in the expected national BTC reserve formation step from the administration of US President Donald Trump and the tightening of fiat currency liquidity. At the same time, pressure in Nasdaq also contributed to the decline in Bitcoin (BTC).

PCE data may not meet expectations

Noelle Acheson, author of "Crypto is Macro Now," suggested investors should not pin their hopes on U.S. core personal consumption expenditures (PCE) data due on Friday. According to Acheson, the PCE data could be perceived as a sign of slowing growth and could make markets nervous again. In particular, factors such as tariffs, high company valuations, and excessive portfolio exposure to AI pose risks.**

However, Acheson pointed out that due to Bitcoin's dual nature as a risky asset and a safe haven like digital gold, it could recover.

The risk-asset/safe-haven dichotomy for portfolios can encourage new long-term investors to enter the market at a certain price.

Regulatory clarity expectation: New capital inflow may come

21Shares crypto research strategist Matt Mena said that regulatory clarity could have a positive impact on the markets following the session titled “Exploring Bipartisan Legislative Frameworks for Digital Assets” in the U.S. Senate.

According to Mena, providing clear guidance, especially on stablecoins and extensive digital asset regulations, could pave the way for institutional investors to enter the market and initiate new capital inflows.