Bitcoinist
2020-06-11 16:15:20

Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance

After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level. Bitcoin’s weakness comes as the U.S. dollar has bounced strongly from yesterday’s lows. The U.S. Dollar Currency Index (DXY), a basket of foreign currencies against the dollar, is up approximately 1% from yesterday’s lows. BTC underperforming on this price action […]

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