Bitcoinist
2020-05-10 23:00:21

Crypto Traders Took a Massive $1.2B Hit During Yesterday’s 15% Crash

Few expected the crypto market crash that transpired yesterday. At times, Bitcoin was so volatile that the services of leading cryptocurrency exchange Coinbase temporarily went down, their status page suggests. No group felt the volatility as much as traders, which are especially vulnerable drops due to their utilization of leverage. Leverage allows traders to borrow money from exchanges, thus increasing potential returns but also increasing the risk. Crypto Traders Lost Over $1 Billion Worth of […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer