Bitcoin’s (BTC) latest tumble appeared to have blindsided investors hoping that the cryptocurrency would find a bottom. Liquidations of long positions reached their highest level since late-January, as BTC extended its losses. BTC slumped below $40,000 for the first time since mid-March, following signals from the U.S. government that inflation is expected to get substantially
The post BTC Long Squeeze: $385 Mln Positions Liquidated As Bitcoin Slumps appeared first on CoinGape.
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