Bitcoin loses 50-week moving average as 24-hour crypto long liquidations top $1 billion
Bitcoin closed below its 50-week moving average as more than $1 billion in crypto long positions were liquidated.
Key Takeaways
- Bitcoin closed below its 50-week moving average as more than $1 billion in crypto long positions were liquidated.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Nvidia's $350 Billion Scare: What Happens If Jensen Huang Leaves?
Nvidia shares slid as much as 8% amid spy allegations. The stock was already weakening, and investors now face a bigger question: Who replaces Jensen Huang if he suddenly leaves?
Ethereum Foundation, Vitalik Buterin sued over firing after ‘suicide pledge’ dispute
Fulton’s complaint cites a recorded Buterin conversation and alleges discrimination and retaliation.
Bitcoin Price Struggles Below $75K as $1.2B in Crypto Bets Get Wiped Out
Bitcoin struggled to recover from a weekend sell-off that pushed its price below $74,000, briefly rebounding above $75,400 before renewed selling pressure erased gains. BTC Struggles Below $75K Bitcoin’s price wobbled Monday as the cryptocurrency struggled to…