BITCOIN CRASH (U.S. TREASURY TO CHARGE SEVERAL FINANCIAL INSTITUTIONS FOR MONEY LAUNDERING).
Bitcoin news. Cryptocurrency news. bitcoin breaking news. Cryptocurrency breaking news. Crypto collapse. Cryptocurrency sell off. Bitcoin crash. Cryptocurrency crash. $7.6 billion crypto long positions liquidated in one hour as bitcoin plunges to $52,000. 7.6 billion worth-of crypto long positions have been liquidated over the past hour as bitcoin’s price plunged to $52,000, data from bybt.com shows.
Bitcoin’s price has started to trend downwards since early Saturday but the sudden plunge began around 3:00 UTC Time on Sunday.
Bitcoin’s price dropped by more than 10% over the past hour from $5,8000 to below $52,000, during which around $4.3 billion in bitcoin long positions have been liquidated.
As of writing, bitcoin’s price has bounced back to around $55,000.
Overall, $9.2 billion worth-of crypto long positions have been liquidated in the last 24 hours.
U.S. TREASURY TO CHARGE SEVERAL FINANCIAL INSTITUTIONS FOR MONEY LAUNDERING USING CRYPTOCURRENCIES -SOURCES
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