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via BeInCrypto · By BeInCrypto Editorial
Why Did Bitcoin Drop Below $70,000? Two Names Explain It
BTC
BTC/USDT
$63,109.99
+0.11%
$63,109.99
+0.11%
(24s)24h Volume
$2,111,024,389.45
24h H/L
$63,175.00 / $62,968.45
Change: $206.55 (0.33%)
Long/Short
68.1%
Long: 68.1%Short: 31.9%
Funding Rate
+0.0034%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(08:41 AM UTC)
1 min read
Bitcoin 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…
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