Bitcoin Drops to $54,200 After Weekend Recovery
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Bitcoin's price volatility continues to challenge investors, with its price dropping to $54,200 early Monday from a weekend peak of $58,500. This culminated in over $100 million in liquidations within four hours and nearly $250 million over 24 hours. Despite a brief recovery attempt, sellers drove prices down significantly. Metaplanet, a Japanese investment firm, announced a Bitcoin purchase to fortify its reserve. Selling pressures from Mt. Gox investors and the German government further strained the market. The crypto fear and greed index reflects a sentiment of fear, with a score of 28.
Джерело: beincrypto.com ↗
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