An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo.
Bitcoin(BTC)$90,086.00-2.71%
Ethereum(ETH)$3,089.75-3.17%
Tether(USDT)$1.000.01%
XRP(XRP)$2.07-3.41%
BNB(BNB)$886.49-2.47%
USDC(USDC)$1.000.02%
Solana(SOL)$134.93-5.58%
TRON(TRX)$0.2861961.17%
Lido Staked Ether(STETH)$3,094.37-3.36%
Dogecoin(DOGE)$0.142284-4.88%