Bitcoin's price dipped below $84,000 on Thursday, a brief slide before rebounding. The brief drop was part of a larger market correction that saw crypto liquidations reach $555.6 million over the past 24 hours. The majority of these liquidations, $487.2 million, involved long positions. This indicates that investors are selling their holdings to cut losses, a common occurrence in times of market volatility.
Source
"Bitcoin Price Drops Below $84,000 Amid Crypto Liquidations" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
BTC · 7D · $81,828−2.1%