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Bitcoin Price Sinks to $79,146 as Liquidations Rock Weekend Trading

News.Bitcoin.com
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Bitcoin Price Sinks to $79,146 as Liquidations Rock Weekend Trading

Bitcoin’s price cracked below $80,000 on Saturday, touching its lowest price in more than a month as leveraged traders absorbed hundreds of millions in liquidations. The weekend selloff handed longtime bitcoin critic Peter Schiff fresh ammunition for an even darker prediction. Bitcoin’s $80,000 Floor Gives Way as Liquidations Mount Bitcoin’s price slipped to approximately $79,146 […]

Key Takeaways

  1. Bitcoin’s price cracked below $80,000 on Saturday, touching its lowest price in more than a month as leveraged traders absorbed hundreds of millions in liquidations.
  2. The weekend selloff handed longtime bitcoin critic Peter Schiff fresh ammunition for an even darker prediction.
  3. Bitcoin’s $80,000 Floor Gives Way as Liquidations Mount Bitcoin’s price slipped to approximately $79,146 […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.