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Bitcoin Rebounds Above $82K After $1.19B Liquidation Wave

20m ago•
Cointribune
bullish:

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bearish:

0

Inside a gigantic trading floor, a monumental Bitcoin dominates an enormous industrial liquidation machine. In the foreground, several panicked traders try to save their portfolios while hundreds of financial contracts, symbolised by metal plates, are sucked into a gigantic shredder. Above the machine, a illuminated counter displays only 1,000,000,000. An enormous mechanical clock with 24 divisions dominates the background, suggesting the extreme speed of the liquidations.

Bitcoin dropped to about 80400 dollars on Thursday evening, triggering a cascade of liquidations across the entire crypto market. Nearly 1.19 billion dollars of positions were closed within 24 hours, before a BTC rebound above 82000 dollars.

L’article Bitcoin Rebounds Above $82K After $1.19B Liquidation Wave est apparu en premier sur Cointribune.

20m ago•
Cointribune
bullish:

0

bearish:

0

BitcoinBitcoin
-0.26%
$82,574.16
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