Community Articles
via Cointelegraph · By Cointelegraph Staff
Bitcoin Short-Term Holders Panic-Sell $770M BTC as Bears Eye $65K
BTC
BTC/USDT
$63,260.01
+0.26%
$63,260.01
+0.26%
(24s)24h Volume
$2,695,321,213.78
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.5%
Long: 68.5%Short: 31.5%
Funding Rate
+0.0041%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:19 PM UTC)
1 min read
Bitcoin (BTC) price dropped to $76,500 on Monday, erasing nearly all of this month’s gains as fresh US-Iran war tensions soured the crypto market sentiment. This has led investors and traders to reevaluate their risks and stay cautious, with many recent buyers selling their BTC at a loss.
Key takeaways:
- Bitcoin short-term holders sold over 10,000 BTC worth approximately $770 million at a loss on…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments