Summary:
- Bitcoin has experienced its biggest 3-day price slide since the FTX collapse in November 2022, falling over 6% to around $23,000.
- The cryptocurrency market has been volatile in recent weeks, with concerns over regulatory crackdowns and the potential impact of the U.S. Federal Reserve's interest rate hikes.
- Analysts are divided on the future direction of Bitcoin, with some predicting further declines and others anticipating a recovery as the market stabilizes.