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Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds

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Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds

Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmingly hitting traders betting on higher prices. The largest cryptocurrency traded around $80,744 as of press time, down 3% over 24 hours and roughly 4% over the past week, extending a retreat from its recent attempt to reclaim […] The post Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds appeared first on CryptoSlate.

Key Takeaways

  1. Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmingly hitting traders betting on higher prices.
  2. The largest cryptocurrency traded around $80,744 as of press time, down 3% over 24 hours and roughly 4% over the past week, extending a retreat from its recent attempt to reclaim […] The post Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds appeared first on CryptoSlate.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.