menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Pr...
source image

Cryptopotato

4d

read

81

img
dot

Image Credit: Cryptopotato

Bitcoin Price Crashes to $104K as US-China Tensions Escalate

  • Bitcoin's price dropped to around $103,700 amidst escalating US-China tensions with total liquidations in the derivatives market reaching $844 million.
  • Over $226 million worth of BTC positions were liquidated in just one hour, predominantly long positions amounting to $220 million.
  • Major stock markets like S&P 500, Nasdaq, and Small Cap 2000 are down by more than 1%, while DJI is down by 0.6%.
  • Donald Trump accused China of violating agreements, hinting at retaliation, prompting market concerns, while China called for the US to correct its actions and uphold consensus.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app