Bitcoin stabilizes near $80,400 after weekend plunge
MSTR Strategy Inc
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View chart & analysis → - 1Bitcoin showed signs of stabilization near $80,400 on Sunday.
- 2$810,000,000 in cryptocurrency positions were sold over 24 hours.
- 3$689,000,000 of the $810,000,000 in crypto position sales were long position liquidations over 24 hours.
So what's the key point?
Bitcoin prices stayed near $80,400 after a large drop over the weekend. Investors who bet on prices rising lost $689,000,000 and sold their holdings.
Source Investing.com · View original ↗
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