Bitcoin drops below $82,500 after $3,000 intraday swing

Briefing by News4U · First published

Bitcoin fell below $82,500 after a $3,000 round trip in under a day, with $431 million in liquidations.

Bitcoin gave back its run at $85,000 and broke below $82,500 as weak tech earnings soured the mood, according to CoinDesk. [1]

About $431 million was liquidated over 24 hours, with $210 million of bullish bets wiped out in the past 12 hours. [1]

Sources

  1. Live updates: Bitcoin slumps below $82,000 as markets go risk off on AI selloff, oil surge

    CoinDesk · · Full text

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