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Bitcoin (BTC) Price Tanks by $1,000 Over Last Hour amid Huge Liquidations - Vimarsana News

Bitcoin (BTC) Price Tanks by $1,000 Over Last Hour amid Huge Liquidations

More than $25M in Bitcoin (BTC) futures have been liquidated over the last hour with longs contributing to 98% of the total liquidations.

BBCNEWS World Business Report June 4, 2024 04:37:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:37:00

Like they did their own 2008 miniature, which is ironic because bitcoin is often said to have started as a reaction to have started as a reaction to governments bailing out banks after 2008... to governments bailing out banks after 2008. .. crosstalk. they couldn't _ banks after 2008. .. crosstalk. they couldn't resist _ banks after 2008. .. crosstalk. they couldn't resist the - banks after 2008. .. crosstalk. they couldn't resist the chance i they couldn't resist the chance to do it themselves. the they couldn't resist the chance to do it themselves.— to do it themselves. the other interest...

BBCNEWS World Business Report June 4, 2024 04:36:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:36:00

First time investors to the market and this world? incredibly vulnerable. we are at the tail end of the crypto acid bubble. it is an ordinary asset bubble, bitcoin did this before, everyone has been waiting for the air to leak out of the bubble, there is a lot of the bubble, there is a lot of temptation to small investors, because times are tough, people are desperate, they think this is a way out, but it is a false hope. we need a lot more protection for investors on this stuff on the way people promote this stuff. people who don't remember the 2008 crisis, this really echoes 2008. we had a s...

BBCNEWS World Business Report June 4, 2024 04:35:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:35:00

But it doesn't affect real markets yet. crypto tries very hard to get its way into these systemic parts of the economy, but so far it hasn't managed to. so last thursday, the nasdaq went down, that did affect bitcoin, but it doesn't go the other way yet. fik. affect bitcoin, but it doesn't go the other way yet. ok. you sa it is go the other way yet. ok. you say it is not — go the other way yet. ok. you say it is not creating _ go the other way yet. ok. you say it is not creating a - say it is not creating a contagion in the wider market, it is certainly having an effect on real people. they...