Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges

Liam ‘Akiba’ Wright

Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy walls in the order book down to […]

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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges