Mt. Gox repayments and long liquidations continue to drive Bitcoin lower from recent highs - London Business News | Londonlovesbusiness.com
Briefly

from London Business News | Londonlovesbusiness.com8 months ago
After surpassing USD 68,000, Bitcoin retreated due to long liquidations and Mt. Gox concerns. Repayments from the defunct exchange could increase bearish sentiment, with long liquidations significantly higher than shorts.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/mt-gox-repayments-and-long-liquidations-continue-to-drive-bitcoin-lower-from-recent-highs/
Despite the recent pullback, the medium-term outlook for Bitcoin remains positive. Bitcoin ETFs saw significant inflows, with USD 530 million coming in on Monday, supported by BlackRock's IBIT fund driving bullish trend.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/mt-gox-repayments-and-long-liquidations-continue-to-drive-bitcoin-lower-from-recent-highs/
Read at London Business News | Londonlovesbusiness.com
#bitcoin #long-liquidations #bitcoin-etfs #mt-gox
[
|
]