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Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere

CoinDesk· Oliver Knight· Aug 18, 2026 · 5:00 PM
Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere

Bitcoin's price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.

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