Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows.

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

BTC price sets new two-year low

Data from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept the mood low.

After initially rebounding over $20,000 on news that the embattled FTX might be bought out by competitor Binance, panic returned after the Wall Street open.

BTC/USD…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *