So far, 2024 has been a strong year for Bitcoin (BTC). While one of the earliest positive developments for the cryptocurrency – the approval of a series of U.S.’ first-ever spot BTC exchange-traded funds (ETFs) – led to a brief but significant crypto market downturn, the recovery in the second half of January and February has been nothing short of staggering.
Bitcoin particularly found itself at the center of attention after it entered into a major and ongoing surge on February 26 which, by February 29, saw it rise above $60,000 for the first time since 2021.
The momentum couldn’t be stopped even by a flash crash to $58,700 as the cryptocurrency exchange Coinbase (NASDAQ: COIN) buckled under pressure stemming from a surge of public interest in Bitcoin on February 28.
This is absolutely insane:
The Coinbase, $COIN, crash just erased $100 BILLION of market cap in #Bitcoin in 15 minutes.
Between 12:15 PM ET and 12:30 PM ET, Bitcoin fell from $64,000 to $59,000.
This
We współpracy z: https://finbold.com/bitcoin-sell-off-alert-reliable-indicator-warns-of-imminent-correction/
