Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuance
Bitcoin dipped 0.7% to trade near $63,400 after a brief morning rally to $64,400 failed. Volatility triggered $39 million in total liquidations over 24 hours, heavily skewed toward long positions. Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase […]
Key Takeaways
- Bitcoin dipped 0.7% to trade near $63,400 after a brief morning rally to $64,400 failed.
- Volatility triggered $39 million in total liquidations over 24 hours, heavily skewed toward long positions.
- Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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