Three days into the new year and Bitcoin has already been through a rather turbulent period. Bitcoin saw its largest one-day price drop since the beginning of December, marking a 4.7% decrease. Bitcoin’s drop from a high of $45,500 to $42,800 in a single day triggered around $700 million in liquidations, with $170 million of […]
Realized losses spiked as Bitcoin saw turbulent start to the year Realized losses spiked as Bitcoin saw turbulent start to the year
Bitcoin's new year tumble triggers $216.55 million in realized losses, revealing panic selling among short-term investors.
2 min read
Updated: Jan. 4, 2024 at 10:57 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
