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Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

News.Bitcoin.com
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Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400 million in leveraged long bets with it, three days before the anniversary of crypto’s worst liquidation day. The 20 Minutes The descent started quietly at 01:45 UTC on Oct. 7, with a fifteen-minute stretch seeing BTC slip […]

Key Takeaways

  1. Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400 million in leveraged long bets with it, three days before the anniversary of crypto’s worst liquidation day.
  2. The 20 Minutes The descent started quietly at 01:45 UTC on Oct.
  3. 7, with a fifteen-minute stretch seeing BTC slip […]
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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.