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Bitcoin (BTC) Price Tanks to $52K in Brutal Market-wide Correction

Bitcoin (BTC) Price Tanks to $52K in Brutal Market-wide Correction Yesterday, Trading at $56K Today Apr 19 2021 · 11:53 UTC | Updated 8 hours ago Photo: Depositphotos You have successfully joined our subscriber list. While the overall cryptocurrency market lost $300 billion dropping below the $2 trillion valuation, Bitcoin and the altcoin market each contributed a fall of $150 billion. On Sunday, April, the overall cryptocurrency market tanked in a recent correction majorly led by Bitcoin (BTC) and other cryptocurrencies. Nearly $300 billion were wiped out from the crypto market as the overall crypto market cap slipped below $2 trillion. On Sunday, Bitcoin (BTC) dropped to a sudden low of $52,000 after Bitcoin touched its all-time high above $64,750 last week on Wednesday. However, from yesterday’s low, the BTC price has gained 3.5% today moving back above $56,000 levels. At press time, Bitcoin (BTC) is trading at a price of $57,334 with a market cap of $1.07 trillion.

Bitcoin Crashes As Much As 15% Amid Unsubstantiated Report Of Money Laundering Crackdown

by Tyler Durden Sunday, Apr 18, 2021 - 08:21 AM In a crash that started late on Saturday evening and accelerated throughout the night, Bitcoin and the entire cryptocurrency space plunged the most in more than seven weeks, just days after hitting a new all time high ahead of the Coinbase IPO. Bitcoin fell 12% to $53,400 as of 8:0 a.m. in New York on Sunday, after plunging as much as 15.1% to $51,707.51 in the Asian day. Ethereum, the second-largest token, dropped almost 18% before paring losses. The market-wide crash has in $1.72 billion worth of long positions liquidated in just one hour alone. Expanding this range to 24-hours shows that 927,000 traders’ positions worth nearly $10 billion were wiped off, with $68.73 million being the largest liquidation so far according to FX street.

Breaking: Bitcoin price crashes 14% sending cryptocurrency market into tailspin

Breaking: Bitcoin price crashes 14% sending cryptocurrency market into tailspin
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