Today news
About the same in other media
Bitcoin stages ‘picture-perfect rebound’ at $58.5K as crypto liquidations top $875M
Reading now: 358
Bitcoin (BTC) recovered above $60,000 during Nov. 16 after a breakdown saw a trip to near $58,500.
Data from Cointelegraph Markets Pro and TradingView tracked a resurgent BTC/USD as it reversed losses, which at one point topped 11%.
After an overnight comedown accelerated, however, buyer support appeared to return — but not before 24-hour crypto liquidations hit $875 million.
Meanwhile, $58,400 corresponded with Cointelegraph contributor Michaël van de Poppe’s line in the sand to prevent further corrections.
“If we’re going to drop beneath, then that is going to be painful, and then we’re going to have a swift correction all the way back to the low $50,000 region in which we’re going to test some lower levels,” he warned in his latest YouTube
Read more on cointelegraph.comAbout this in other media
Expert calls El Salvador’s Bitcoin volcano bonds, ‘Michael Saylor playbook for a country’ ambcrypto.com /2 years ago
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /2 years ago
Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets business-standard.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
