Bitcoin (BTC) experienced a significant dip, falling below the $42,000 mark. This marked a steep decline of nearly 10%, signaling a sharp turnaround from the initial excitement sparked by the recent approval of Bitcoin ETFs. The downfall leads to a significant rise in long liquidation of $271 Million, as per Coinglass.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC is choppy around 42K. What's next? up or down?
Bitcoin (BTC) experienced a significant dip, falling below the $42,000 mark. This marked a steep decline of nearly 10%, signaling a sharp turnaround from the initial excitement sparked by the recent approval of Bitcoin ETFs. The downfall leads to a significant rise in long liquidation of $271 Million, as per Coinglass.