Bitcoin crashes to $53K, but analysts warn the worst isn’t over


$ 108,682.9
€ 92,369.7
¥ 38,800.0
£ 79,780.1
BTC
-1.49 %
$ 2,541.92
€ 2,160.17
¥ 907.65
£ 1,866.16
ETH
-3.21 %
$ 318.72
€ 270.87
¥ 113.95
£ 233.86
XMR
-1.84 %
$ 88.35
€ 75.01
¥ 31.55
£ 64.84
LTC
-3.25 %

Analysts say Bitcoin could sink as low as $50,000 but said strong macro and an entrenched “buy the dip” mentality could see price rebound quickly.