Bitcoin Price Drops Below $79K Line as Longs Get Torched in $208M Rout
Bitcoin price fell back below $79,000 on Monday after a brief spike to $80,537, down 1% over 24 hours to trade near $78,785. Long Liquidations Outpace Shorts Bitcoin price slipped under $79,000 on Monday, just hours after briefly reclaiming the $80,000 level for the first time since Friday’s sharp sell-off. Before the decline, bitcoin traded […]
Key Takeaways
- Bitcoin price fell back below $79,000 on Monday after a brief spike to $80,537, down 1% over 24 hours to trade near $78,785.
- Long Liquidations Outpace Shorts Bitcoin price slipped under $79,000 on Monday, just hours after briefly reclaiming the $80,000 level for the first time since Friday’s sharp sell-off.
- Before the decline, bitcoin traded […]
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.
More in Web3
Malone Lam Faces Plea Hearing Over $245M Bitcoin Theft
A plea agreement hearing in Lam's case is set for Tuesday in Washington, nearly two years after his arrest in Miami.
Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares
Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus.
Capital B Raises €25.3M And Buys 376 Bitcoin For Treasury
Read the latest update on Capital B Raises €25.3M And Buys 376 Bitcoin For Treasury.