Bitcoin Drops to $112K as $1.5B in Long Positions Wiped Out – ETF Hopes Still in Play

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Bitcoin just reminded everyone again why it’s called the king of volatility. In a sharp move this week the price slipped down to around $112,000. That slide alone erased over $1.5 billion worth of leveraged long positions in a matter of hours. Traders who had been betting heavily on the upside suddenly found themselves on … Read more