Today news
About the same in other media
Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M
Reading now: 577
Bitcoin (BTC) shed almost $5,000 in a single day on Nov. 26 as bulls faced fresh disappointment.
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it headed towards $54,000 at the time of writing amid intense volatility.
Holders saw major selling pressure after coming within inches of $60,000 late Thursday, the latest attempt to beat resistance nonetheless ending in retreat.
Hours later, Bitcoin was back at its lowest since mid-October, and firmly vindicating those who assumed that the current break from bullish upside was not yet over.
"Not quite there but hopefully soon," analyst Willy Woo said about one indicator hinting at an incoming — but not immediate — return to form.
Anyone too enthusiastically betting on
Read more on cointelegraph.comAbout this in other media
Bitcoin cracks $10,000 in an hour as crypto sell-off intensifies economictimes.indiatimes.com /2 years ago
Paying with Bitcoin: These are the major companies that accept crypto as payment euronews.com /2 years ago
Bitcoin falls by 20% as $1 billion of crypto sold off. What caused the plunge this time? euronews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
