Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New B | BitcoinBreaking - Your source for CryptoNews

Morgan Stanley Says Bitcoin’s 50% Correction Is Nothing New

Bitcoin's 50% drop from November's record high is nothing new and the correction is within historical norms, Morgan Stanley said in a research note entitled "State of the bear market."

The bank notes that bitcoin has witnessed 15 bear markets since its creation in 2009, and the correction seen in recent months is within the range of what has happened before.

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