After Extreme Volatility Bitcoin Returned to $20K, Uniswap Spikes 11% (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

After a day of massive volatility, Bitcoin's price returns to $20K while Uniswap's UNI skyrockets over 11% in 24 hours.

After a day of massive volatility, Bitcoin’s price returns to $20K while Uniswap’s UNI skyrockets over 11% in 24 hours.

Bitcoin’s price went through major turmoil yesterday as the numbers for the Consumer Price Index in the US got released. The cryptocurrency increased above $20,000 initially and then plunged below $19K briefly, liquidating millions of leveraged positions. After all, has been set and done, the price is now back towards the $20K level.

Yesterday, around the time the US Bureau for Labor Statistics published the Consumer Price Index numbers for June, the price went on a rollercoaster, skyrocketing above $20K briefly and then dipping below $19K for a bit.As seen in the above chart, the one-hour candle at the time of the CPI has an amplitude of 6.14% on Binance, showcasing the extreme volatility. Asback then, this also led to serious liquidations totaling over $47 million in less than an hour – across the board.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Crashes to 7-Day Low Beneath $20K: UNI Slumps 8% Amid Phishing Attack (Market Watch)The bears are back in town as bitcoin dumped to a weekly low beneath $20,000. The altcoins suffer as well, with UNI leading the race.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Dropped to 9-Day Lows, ApeCoin Spikes 6% (Market Watch)Bitcoin went south once more, charting a new 9-day low at $19,200. ApeCoin stands out as the best performer from the alts.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

BitMEX delays native token listing, citing market conditionsCryptocurrency exchange Bitmex has delayed the listing of its native token BMEX, citing market volatility. List the shitcoin already so we can buy cheap I just discover the best paying company platform a month ago. Someone posted about GregoryLillian5 and I decided to invest with her.Since then i have been earning weekly money and the best part of the company is that they have starter investment plan, Contact👇 GregoryLillian5
Source: TheBlock__ - 🏆 464. / 53 Read more »