BTC price slips below $63,000 as oil and yields climb

BTC price slips below $63,000 as oil and yields climb

WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.

Bitcoin Falls Below $63,000, Triggering $48 Million in Liquidations

The price of Bitcoin dropped back below $63,000 on Thursday, sparking a wave of liquidations across the cryptocurrency market. According to data cited by Cointelegraph, the move wiped out approximately $48 million in positions over the span of one hour, with long positions accounting for $45.7 million of the total. The sharp dip forced leveraged […] The post Bitcoin Falls Below $63,000, Triggering $48 Million in Liquidations appeared first on Te…