Bitcoin price faces $297M liquidation wave – Why $70K is at risk
By Akashnath S
Though the momentum was now bearish, a Bitcoin price drop to new lows below the bear market bottom at $57.8k is unlikely.
Read it in your languageMachine translation by Google of the publisher's page
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinBear market
A period in which market prices fall substantially, commonly defined as a drop of 20 percent or more from a recent high.
Bear markets often signal economic worries and reduce the value of investments.
More about Bear marketFrom the blog
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