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Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M
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Bitcoin (BTC) shed almost $5,000 in a single day on Nov. 26 as bulls faced fresh disappointment.
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it headed towards $54,000 at the time of writing amid intense volatility.
Holders saw major selling pressure after coming within inches of $60,000 late Thursday, the latest attempt to beat resistance nonetheless ending in retreat.
Hours later, Bitcoin was back at its lowest since mid-October, and firmly vindicating those who assumed
Read more on cointelegraph.comAbout this in other media
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Bitcoin falls by 20% as $1 billion of crypto sold off. What caused the plunge this time? euronews.com /2 years ago
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