Bitcoin dipped to $65,521 from a high of $68,722, reflecting a 5% loss influenced by Tether’s scrutiny.
Currently, Bitcoin has bounced back to $67K amid ongoing volatility.
The global crypto market is heating up with various news, that led Bitcoin (BTC) to dip to $65,521 from the high of $68,722. This 5% drop followed reports from the Wall Street Journal claiming that Tether, a major player in the crypto space, is under investigation by U.S. authorities. Tether and its CEO quickly dismissed the claims, labeling them as “regurgitating old noise,” but the damage was done, affecting market sentiment significantly.
As Bitcoin fell, other major cryptocurrencies also took a hit, leading to a 10% decrease in daily trading volume across the global market. This slump triggered widespread liquidations in crypto derivatives markets, with a total of 139,577 traders wiping out $391 million over the past 24 hours. Most notably, $325 million of this was related to long positions, j
We współpracy z: https://thenewscrypto.com/will-bitcoin-rebound-to-68k-despite-tether-scrutiny/
