Bitcoin’s [BTC] fall below $22,000 and what it means for demand in these sectors

Bitcoin, the world’s largest cryptocurrency, has showcased a strong will to stand up on its feet over the past couple of weeks. However, despite that, Bitcoin dropped below $22,000 recently, triggering rapid losses for traders.

In fact, even the demand zone took a heavy blow as we speak.

The sky full of blood

Liquidations across the crypto-market have quickly added up over the last 24 hours. Data from Coinglass highlighted that roughly $600M in crypto were liquidated and…


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