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Rapid Recovery Following Bitcoin's Last-hour Plunge, It Hits $37,500 Again
Summary: Bitcoin plunged as low as $34,500 last hour as selling pressure picked up ahead of the weekly close. The cryptocurrency fell as low as $35,000 on futures exchanges as well, though spot sellers were leading the correction. While some began to fear that a deeper correction was on the way, buyers stepped in at key ...
Bitcoin plunged as low as $34,500 last hour as selling pressure picked up ahead of the weekly close. The cryptocurrency fell as low as $35,000 on futures exchanges as well, though spot sellers were leading the correction.
While some began to fear that a deeper correction was on the way, buyers stepped in at key technical levels.
The cryptocurrency has since bounced back to $37,500 as of this article’s writing.
By Sara Zhang
Last Update:
Tags: Bitcoin,Bitcoin Futures,BTC
Link: Rapid Recovery Following Bitcoin's Last-hour Plunge, It Hits $37,500 Again [Copy]
Tags: Bitcoin,Bitcoin Futures,BTC
Link: Rapid Recovery Following Bitcoin's Last-hour Plunge, It Hits $37,500 Again [Copy]
