Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987

Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987

Bitcoin (BTC) headed toward an “interesting” liquidity area on May 18 as United States stock markets opened with a bearish bang.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

BTC price nears “interesting” rematch with lows

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it broke through the $29,000 support after the Wall Street open.

U.S. markets saw a swift reversal of prior gains on the day, with the S&P 500 down 2% and the Nasdaq 100 down 2.3% within the…


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