Bitcoin flash crash triggers $1.36 billion in crypto liquidations
Plunge fuelled by prospect of prolonged high interest rates and exacerbated by thin crypto trading. Read more at straitstimes.com.
Source: straitstimes.com
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crypto: Bitcoin nosedive jolts crypto market out of its summer stupor
“There are still significant amounts of macro uncertainty keeping investors away, and liquidity is still thin,” said Noelle Acheson, author of the “Crypto Is Macro Now” newsletter and former head of market insights at Genesis Trading. “Bottom line, theres not yet enough conviction.”
Source: indiatimes.com
Why crypto fell out of bed this week
Bitcoin has had a sleepy few months. This week, it was shaken awake.
Source: techcentral.co.za
Bitcoin Nosedive Jolts Crypto Market Out of Its Summer Stupor
(Bloomberg) -- Bitcoin has had a sleepy summer. This week, it was shaken awake. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsBig Tech Logs Year’s Longest Weekly Losing Streak: Markets WrapVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkFor the past several months, the hallmark volatility that previously attracted hordes of
Source: yahoo.com