Bitcoin fell below $64,000 on Aug. 10 after briefly reaching an intraday high of $65,416. The sudden price drop erased nearly 2% of bitcoin’s market capitalization, reducing it to $1.28 trillion and wiping out over $47 million in long leveraged positions. Volatility and Market Liquidations Bitcoin (BTC) slid below $64,000 Monday afternoon, snapping a multi-day…
Bitcoin fell below $64,000 on Aug. 10 after briefly reaching an intraday high of $65,416. The sudden price drop erased nearly 2% of bitcoin’s market capitalization, reducing it to $1.28 trillion and wiping out over $47 million in long leveraged positions. Volatility and Market Liquidations Bitcoin (BTC) slid below $64,000 Monday afternoon, snapping a multi-day […]
Source: https://news.bitcoin.com/market-updates/bitcoin-drops-below-64000-as-strategy-sells-1690-btc/
