Crypto Bulls See $1 Billion Squeeze As Bitcoin, Alts Crash

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Data shows the cryptocurrency long investors have suffered a massive beating in the past day as Bitcoin and the altcoins have plunged.

Bitcoin Briefly Broke Under $103,000 During The Crash

The cryptocurrency market has been shocked in the past day as Bitcoin and altcoins have all gone through a drawdown of some degree. At present, BTC is down about 2%, but its decline was more severe earlier in the day.

Below is a chart that shows how the asset’s recent performance has been like.

Bitcoin Price Chart

The value of the metric appears to have gone through a plummet during the past day | Source: BTCUSDT on...

Source link