alternate price – What brought on bitcoin to fall ~$10k on 17 April 2021?

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12 minute outdated information from TheBlockCrypto twitter feed:

$7.6 billion crypto lengthy positions liquidated in a single hour as bitcoin plunges to $52,000

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In accordance with statista, the whole market capitalization of bitcoin is roughly 1100 billion USD.

So 7.6 billion represents properly over half a % of bitcoin’s whole market cap, explaining why such a big unload would have a visual impact available on the market worth.





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