Crypto news (08/03rd/2020)

CRYPTO NEWS : Latest BITCOIN News, OKEx News, BINANCE News, BITMex News

Bitcoin tests $ 12,000 and crashes
On Sunday morning, August 2, the bitcoin price surpassed the $ 12,000 mark, but could not stay above it. Within a few minutes, the quotes of the leading cryptocurrency fell to the level of $ 10,500.

The sharp price movement led to a cascade of liquidations of positions on crypto derivatives exchanges. On BitMEX, liquidation volume amounted to $ 147 million per hour.
The total volume of liquidated positions in crypto derivatives during the fall exceeded $ 1 billion.
According to The Block analyst Larry Chermak, open interest in bitcoin futures has dropped by $ 107 million over the past 24 hours on BitMEX. The indicator has also decreased by more than $ 50 million on OKEx, Huobi and Binance.



Add a Comment

NOKENA-NOKENCHAIN
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.