CoinDesk: Bitcoin Suffering Worst First Week of the Year Since 2017
Bitcoin suffered its worst first week of the year since 2017 as it dipped to a three-month low. CoinDesk's Managing Editor of Markets Brad Keoun explains the macro factors behind the dip. On top of that, CoinDesk Research's 2021 Annual Review found bitcoin dominance compared to other cryptocurrencies was lower than it has been since 2017. CoinDesk's Managing Editor of Technology, Christie Harkin, points out that the idea of bitcoin winning and or losing is "not a healthy way to approaching it." Bitcoin's decreasing dominance shows a maturing of the space overall.
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