Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an Hour
Bitcoin (BTC) slipped below $80,000 on Saturday as more than $200 million in crypto positions were liquidated within an hour. Traders betting on higher prices accounted for $191.33 million of that total. Ethereum (ETH) fell alongside the leading crypto. BeInCrypto Markets data shows the total crypto market cap down 4.06% over the past 24 hours, The post Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an Hour appeared first on BeInCrypto.
Key Takeaways
- Bitcoin (BTC) slipped below $80,000 on Saturday as more than $200 million in crypto positions were liquidated within an hour.
- Traders betting on higher prices accounted for $191.33 million of that total.
- Ethereum (ETH) fell alongside the leading crypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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