Bitcoin’s sudden price correction wipes out over $666 million from long traders in 24 hours
Bitcoin experienced a heavy price correction during Asian trading hours, dipping to a multi-week low of under $66,000, which resulted in significant losses for traders betting on further price increases. Over the past weeks, the flagship digital asset, fueled by the buzz surrounding the spot Bitcoin exchange-traded funds (ETFs), had been on an upward trend that culminated in a new all-time high of $73,750 yesterday, Mar. 14.
Source
Join @Crypto_Publisher
Contact us @Crypto_Marcus
