NewsBTC
2020-04-13 11:23:50

Here’s Why Traders Are Scared After Bitcoin’s 8% Drop to $6,600

After the weekly close at the end of Sunday, Bitcoin tanked. The cryptocurrency rapidly fell from the $7,200 weekend highs to a low of $6,580 — all over the course of an explosive three-hour drop. With this, dozens of millions of BitMEX long positions were liquidated, forced to close as sell-side pressure mounted. Related Reading:...

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