BTC price returns to $50K as Bitcoin bears lose $450M in daily liquidations

Bitcoin (BTC) swiftly reclaimed $50,000 on Sep. 2 as bears felt maximum pain and lost hundreds of millions of dollars.

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

Bitcoin sparks a fresh bear bloodbath

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly breaking through the $50,000 mark to hit its highest since Aug. 23.

After a night of bullish action, the pair left its lower trading range of recent weeks behind, with volatility still significant at the…


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