$200 Million in Crypto Destroyed on Market as Bitcoin Bulls Perish

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Market seeing surge of selling pressure as $BTC fails to gain footing above $68,000

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

On the upside, Bitcoin must recover and hold above $67,000 in order to restore confidence in a bullish continuation. All things considered, the current condition of the market is dubious, with price retracements and liquidation spikes fostering an unstable atmosphere. Because of the ongoing volatility, investors should exercise caution.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

 

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