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Bitcoin slips under $50K amid warning 'new player' Binance whale is pressuring BTC price
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Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.
Data from Cointelegraph Markets Pro and TradingView showed volatility hitting BTC/USD overnight on Saturday.
The pair had reached $51,500 before starting to retrace, this culminating in a dip to $49,644. At the time of writing, Bitcoin was back circling $50,000.
The move came in tandem with a rise in inflows to major exchange Binance, with order book data
Read more on cointelegraph.comAbout this in other media
Bitcoin, Ethereum, and Major Altcoins Test New Lows, MANA and ATOM Rally cryptonews.com /2 years ago
Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last cointelegraph.com /2 years ago
Bitcoin open interest matches record high amid predictions of BTC price 'fireworks' this month cointelegraph.com /2 years ago
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