By Suvashree Ghosh and Sidhartha Shukla*
Analysts point to industry-specific risks, including transaction congestion on Bitcoin's blockchain, weaker liquidity in digital asset markets, and regulatory tightening in the US.
Bitcoin has gone from leader to the bottom of the global performance market scoreboard amid congestion on its blockchain and concerns about decreased liquidity in cryptoactive markets.
The token has retreated about 6% so far in May, while Bloomberg indicators of global stocks, bonds, and commodities have posted more stable performance, and gold has jumped to record highs.
Bitcoin's recent difficulties contrast with a 72% rally last quarter . . .
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