Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an Hour

Bitcoin (BTC) slipped below $80,000 on Saturday as more than $200 million in crypto positions were liquidated within an hour. Traders betting on higher prices accounted for style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"91.33 million of that total. Ethereum (ETH) fell alongside the leading crypto. BeInCrypto Markets data shows the total crypto market cap down 4.06% over the past 24 hours, The post Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an Hour appeared first on BeInCrypto.