Bears have taken control of the Bitcoin market — key barrier at $110K breached
$BTC The price of Bitcoin has fallen below the $109,000 mark for the first time in 47 days. Bears currently have the advantage as the leading crypto asset struggles to recover after the latest series of pullbacks.
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Bitcoin falls below $110K — $186M liquidated in 24 hours
The week for Bitcoin has been turbulent, falling 5.7% against the US dollar since August 18. By Monday, around 4 PM Eastern Time, the top cryptocurrency had slid from the $112,000 range to below $110,000. An hour later, BTC was trading at $109,465, marking a daily decline of 2.6%.
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Bitcoin falls below $110K — $186M liquidated in 24 hours
The week for Bitcoin has been turbulent, falling 5.7% against the US dollar since August 18. By Monday, around 4 PM Eastern Time, the top cryptocurrency had slid from the $112,000 range to below $110,000. An hour later, BTC was trading at $109,465, marking a daily decline of 2.6%.
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BTC
107,711.82
-3.46%