Bitcoin Keeps Selling Off as BTC Price Dives Below $67,000
Liquidations hit $1.25 billion in 24 hours as traders raised bearish bets and some predicted a slide toward the mid-$50,000 range.
5 Articles
5 Articles
Ross Gerber Says Bitcoin Has 'Lost The Narrative' As Prediction Markets Raise Odds Of BTC Falling Below $
Cryptocurrency bettors are raising the possibility of Bitcoin (CRYPTO: BTC) diving below $50,000 this year as sentiment toward the leading digital asset continues to deteriorate. Bookmakers Turn Bearish On BTC As of this writing, Polygon (CRYPTO: POL)-based Polymarket assigned a 53% chance of Bitcoin sliding below the key milestone, up from 44% the day before, and 28% last week. Bearish expectations intensified overall, with the odds of Bitcoin …
Bitcoin Hits Fresh $50K Target After 6% One-Day Decline
Bitcoin continued its retreat on Wednesday as U.S. market activity began, slipping below $67,000 and printing as low as $66,948 on Bitstamp, its weakest level since early April. Across the crypto market, liquidations intensified, with 24-hour cross-asset liquidations approaching $1.25 billion, signaling a broad deleveraging pulse that erased months of gains. Despite the move, traditional equities painted a contrary picture. The S&P 500 logged an…
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