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via BeInCrypto · By BeInCrypto Editorial
Why Did Bitcoin Drop Below $70,000? Two Names Explain It
BTC
BTC/USDT
$63,036.54
+1.95%
$63,036.54
+1.95%
(24s)24h Volume
$22,416,693,636.22
24h H/L
$64,700.00 / $61,712.54
Change: $2,987.46 (4.84%)
Long/Short
64.2%
Long: 64.2%Short: 35.8%
Funding Rate
+0.0058%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(08:41 AM UTC)
1 min read
940 views
0 commentsBitcoin slipped below $70,000 on Tuesday after the defunct Tokyo exchange Mt. Gox executed one of its largest on-chain transfers in months: $739 Million in BTC.
We break down what happened, the role Strategy played, and the key levels analysts are watching for what comes next.
Why Bitcoin Just Dropped Below $70,000?
On-chain analytics showed Mt. Gox…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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