Bitcoin price has fallen roughly 50% from its all-time highs, with over $1 billion in liquidations recorded in the past 24 hours.
Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.
Analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch.
Crypto positions worth $853 million got wiped out within the last 24 hours.
Cryptocurrency markets fell as global equities and precious metals sold off, while bitcoin liquidations exacerbated downside ...
Bitcoin is acting weird. The world’s most famous cryptocurrency has tumbled 44% from its October peak, falling below $70,000 Thursday for the first time in 15 months.
Bitcoin rebounded toward $79,000 after dipping below $75,000 over the weekend, as traders weighed heavy liquidation-driven ...
Bitcoin (CRYPTO: BTC) traders are bracing for more pain after liquidations reached $704 million in a single 24-hour period.
Bitcoin falls below $73,000 to a 15-month low as $800M crypto liquidations hit markets. BTC to PKR remains above PKR 20 ...
Bitcoin (CRYPTO: BTC) experienced a significant drop, falling below the $80,000 mark on Saturday. This sharp decline has triggered a widespread crash in the cryptocurrency market. On Bitcoin’s value ...