Bitcoin (BTC) and the wider cryptocurrency experienced another wave of overnight selling which deepened on May 23 as the majority of tokens pummeled to multi-month lows. The market-wide sell-off resulted in the total cryptocurrency market cap shedding another $250 billion in value to $1.33 trillion. The total market cap has now experienced a 46% pullback from the May 11 … [Read more...] about Max pain scenario intensifies as Bitcoin drops to $31K, altcoins sell-off