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Bitcoin just suffered one of the worst drops ever seen in the history of cryptocurrency by losing about $ 7,000, falling from $ 34,000 to $ 27,000 in a fraction of minutes. This is one of the fastest market corrections ever seen in financial history.
The result surprised many traders and investors who overestimated the upward trend prevalent in the Bitcoin market.
On the subject, Glasnode said: $ 190,000,000 (in long positions) was settled at BINANCE in 10 minutes. The highest value to date During the writing of this article, Bitcoin was trading at $ 30,996.19, with a daily trading volume of $ 82,311,674,405. cryptocurrency has dropped 6.74% in the past 24 hours.
