Crypto Blog
Crypto market sell pressure was relentless on Tuesday, with Bitcoin’s price drifting as low as $61,000, triggering more than $1 billion in liquidations across the crypto market.shows that $1.17 billion in liquidations have occurred over the past 24 hours, including $876 million of long trades and $292 million of shorts.Over 313,000 traders have been liquidated over the past day. The largest single liquidation occurred on a LINK/USD trade on Bitmex valued at $11 million.
Popular Bitcoin veterans on Twitter say the pullback is largely healthy and expected after claiming historic highs. “Large sellers use the anticipation of the moment to dump into a high liquidity moment,” wrote Vijay Boyapati, author ofBitcoin just corrected from over $69,000 back to just under $65,000. This is very healthy price action. As I said before, this is the easy part of the cycle. Every dip should be bought.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple hit with landmark $2 billion EU antitrust fineThe European Union has fined Apple €1.84 billion ($2 billion) for breaking its competition laws.
Read more »
What You Can Do for Your Low Back PainMore than 80% of Americans will experience low back pain at some point in their lives. Find out what you can do to help ease your back problems.
Read more »
The neuroscientist harnessing the placebo effect to help soothe painHow exactly the placebo effect works is still a mystery, but neuroscientist Luana Colloca is working to find the answers in order to change the way we treat pain
Read more »
Shocking Fox News Moment Sees Guardian Angels Give Man ‘Pain Compliance’ On Live TVSpanish/English journalist covering a wide range of topics -- from breaking news and politics to popular culture, street art, memes, satirical takes, environmental issues, social media trends and more.
Read more »
Nurses Have 'Zero Foot Pain' After Wearing These Liquid-Proof Sneakers for 12+ HoursAccording to nurses and other healthcare workers, Clove sneakers are the best shoes for standing on your feet all day. Nurses say the fluid- and slip-resistant sneakers are comfortable and supportive for 12-plus hour shifts.
Read more »
I've Run In These Comfy Sneakers Without Foot Strain or Back Pain for 14 DaysI’m doing the 75 Hard Challenge in Asics Gel-Nimbus 25 Running Shoes, and they’ve been super breathable, great for arch support, and eliminating back pain during my runs.
Read more »