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via BeInCrypto · By BeInCrypto Editorial
Bitcoin Falls to 4-Month Low, But Analysts Eye a Cycle Bottom
BTC
BTC/USDT
$79,600.00
-1.79%
$79,600.00
-1.79%
(24s)24h Volume
$17,289,117,702.21
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0014%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(10:04 AM UTC)
1 min read
Bitcoin (BTC) dropped to roughly $61,500 in early Asian trading hours. This marked its lowest level since early February. Today’s sell-off wiped out more than $1 billion in leveraged positions across the crypto market in 24 hours.
The decline extended a slide that has erased 20% Bitcoin’s value over the past month. Yet several…
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