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via BeInCrypto · By BeInCrypto Editorial
Bitcoin Falls to 4-Month Low, But Analysts Eye a Cycle Bottom
BTC
BTC/USDT
$63,067.01
+0.06%
$63,067.01
+0.06%
(24s)24h Volume
$2,099,495,312.67
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0038%
Longs 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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