Tag: takeaways bitcoin

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Bitcoin falls to $82,000, triggering nearly $2 billion in leveraged liquidations

The post Bitcoin falls to $82,000, triggering nearly $2 billion in leveraged liquidations appeared com. Key Takeaways Bitcoin’s price dropped to $82,000, causing nearly $2 billion in leveraged liquidations. Sharp ETF outflows and a risk-off sentiment led to forced liquidations across the crypto market. Bitcoin’s price plummeted to $82,000 in the early hours of Friday, leading to almost $2 billion in leveraged liquidations across the crypto market in the past 24 hours. The drop occurred after a volatile week for Bitcoin, which had previously hit a record high of around $126,199. The sharp decline was influenced by heavy ETF outflows and a risk-off sentiment, causing extensive forced liquidations predominantly impacting long positions. Source:.

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Bitcoin price drops below $90,500, its lowest level since April

The post Bitcoin price drops below $90,500, its lowest level since April appeared com. Key Takeaways Bitcoin’s price dropped below $90,500, breaking key support levels. Heavy selling by long-term holders and large ETF outflows are driving the decline. Bitcoin dropped below $90,500 for the first time since April amid heavy selling pressure from long-term holders and ETF outflows that weakened market momentum. Traders are showing signs of capitulation as fear, uncertainty, and doubt spread on social media during the ongoing price corrections. The decline comes despite Bitcoin successfully retesting previous resistance levels turned support during recent pullbacks, suggesting the sell-off pressure has intensified beyond technical support zones. Heavy selling from long-term holders and ETF outflows are contributing to the weakened market conditions, marking a shift from the typical accumulation patterns seen from these investor groups. Source:.

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