Bitcoin’s harsh drop triggers $142M in liquidations – What now?

Quick Summary:

Bitcoin's value has plunged recently, marking its most significant decline in four months, causing it to fall below critical support levels.

As of this writing, the decline continues, with Bitcoin trading at around $60,143, representing an additional nearly 1% decrease.

An analysis of Bitcoin (BTC) on a daily timeframe chart revealed its most significant decline in four months.

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets: United States

Topics: Trading View Social News News 1 Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 23:00:22 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21921780

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 13 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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