Bitcoin experienced a sharp decline, falling below $84,000 in a short period of time. The price plummeted to $83,551 on Coinbase, a significant drop from its previous levels. This sudden sell-off has led to a substantial increase in liquidations, with Coinalyze reporting $83 million in bitcoin long liquidations over the past 24 hours. The exact cause of this sudden decline is unclear, but it has sent shockwaves through the market.
Source
"Bitcoin Plummets to New Lows" — The Defiant
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
BTC · 7D · $81,047−3.3%