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Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls Se | Crypto | Ethereum | Bitcoin

Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations

Crypto market capitalization dropped 7%, its sharpest fall this year, as bitcoin (BTC) plunged 8% in the past 24 hours to wipe weekly gains and kickstart a marketwide decline. Bitcoin slumped from Thursday’s high of $73,000 to as low as $65,800 early Friday before slightly recovering. Meanwhile, Coindesk 20, a broad-based index of most liquid cryptocurrencies, was down 8.25%.

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