As BTC Price Drops To $50K, Wiping Out A Billion Dollars, Will It Drop To $45K?
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Bitcoin's price has fallen to $50,000, wiping out a billion dollars from the market. This decline is amidst a bearish start in global financial markets. Ethereum has also dropped to $2,250. The increased selling pressure has caused long liquidations to surge, impacting many leveraged bullish positions. Market participants are now speculating whether Bitcoin's price could fall further to $45,000, triggering more market instability and potential losses.
Source: coinpedia.org ↗
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