5 Key Reasons Bitcoin Price Fell From $9,800 to $9,200 Overnight

May 21, 2020 by DIGIT

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Long liquidations on BitMEX, the false Satoshi narrative, expanding options market and an uptick in miner selling were behind abrupt Bitcoin price drop from $9,800 to $9,200

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Bitcoin(BTC)$105,163.00-1.62%
Ethereum(ETH)$2,529.00-6.29%
Tether(USDT)$1.000.01%
XRP(XRP)$2.13-3.79%
BNB(BNB)$651.15-1.13%
Solana(SOL)$145.09-6.43%
USDC(USDC)$1.000.00%
Dogecoin(DOGE)$0.176543-4.70%
TRON(TRX)$0.269675-0.99%
Lido Staked Ether(STETH)$2,527.46-6.34%
Bitcoin(BTC)$105,163.00-1.62%
Ethereum(ETH)$2,529.00-6.29%
Tether(USDT)$1.000.01%
XRP(XRP)$2.13-3.79%
BNB(BNB)$651.15-1.13%
Solana(SOL)$145.09-6.43%
USDC(USDC)$1.000.00%
Dogecoin(DOGE)$0.176543-4.70%
TRON(TRX)$0.269675-0.99%
Lido Staked Ether(STETH)$2,527.46-6.34%