Ravindra
@ravindra9949
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Bitcoin Price Falls Under $100,000 as Historic Surge Cools—And Longs Get Rekt
So much for $100K: Bitcoin fell under the milestone mark Thursday and then dipped below $99,000, leaving liquidated positions in its wake.
jumped above the $100,000 price point for the first time late Wednesday and continued to climb past $103,000, remaining above the milestone mark into Thursday—but it's finally dropped back into five figures.
BTC is currently trading for $98,969 as of this writing, falling from an all-time high of $103,679 as the leading cryptocurrency bounced around above the $100,000 mark in recent hours.
Some $199 million worth of Bitcoin futures positions have been liquidated over the last 24 hours, per data from CoinGlass, including nearly $127 million in shorts (bets on the price falling) and about $72 million worth of long positions (bets that BTC will rise in price). 0 reply
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