Bitcoin slipped below $80,000 on Wednesday as crypto markets turned cautious ahead of Thursday’s highly anticipated U.S. Senate Banking Committee markup meeting on the Clarity Act.
Notable Statistics:
-
Coinglass data shows 120,108 traders were liquidated in the past 24 hours for $374.66 million.
-
SoSoValue data shows net outflows of $233.3 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $130.6 million.
-
In the past 24 hours, top losers include SKYAI, Toncoin and Terra Classic.
Notable Developments:
Trader Notes:
Trader KillaXBT said Bitcoin’s broader bear-market structure still leaves room for a move below $60,000, although the $50,000–$60,000 region now stands out as a strong long-term accumulation zone after…
more
Source finance.yahoo.com
Terms of use and third-party services. More here.