Bitcoin Falls to Sub-$63K as Market Awaits Federal Reserve's Next Move
cryptonews.net
the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week led to the liquidation of a substantial number of bitcoin long positions $180 million being liquidated since yesterday The fall in BT
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- the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week
- led to the liquidation of a substantial number of bitcoin long positions
- $180 million being liquidated since yesterday
- The fall in BTC’s value has also impacted the broader cryptocurrency market, which saw an overall decrease of 8.19% since yesterday.
- it is perfectly normal to see drawdowns of this percentage,” Etoro’s market analyst Simon Peters told Bitcoin.com News on Tuesday
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