Bitcoin crashes below $53K wiping out $600M in leveraged longs
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply. Go to Source
why is Bitcoin down
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Bitcoin crashes to $53K, but analysts warn the worst isn’t over
Analysts say Bitcoin could sink as low as $50,000 but said strong macro and an entrenched “buy the dip” mentality could see price rebound quickly. Go to Source
Is the Bitcoin price dip toward $40K a bear trap?
Bitcoin’s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out. Go to Source
3 key crypto price events to watch in the wake of the FTX and Alameda debacle
FTX and Alameda’s Ponzi-like trading scheme has dealt a heavy blow to the entire crypto industry. Here are three developments to keep a close eye on. Go to Source Powered by WPeMatico
