Bitcoin price crashes by 6.5% in minutes after hitting $28.4K sell wall
A rampant bull run is punctuated by sellers above $28,000, with Bitcoin continuing to see wild volatility on Sunday. Bitcoin (BTC) hit all-time highs of $28,400 before crashing thousands of dollars on Dec. 27 — the latest chapter in its Christmas trading frenzy.Cryptocurrency market overview. Source: Coin360BTC price dips $1,900 in minutesData from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD gain and then lose huge amounts in USD terms during trading on Sunday.After topping 15% 24-hour gains, Bitcoin encountered heavy selling pressure above $28,000. Unable to sustain its....
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14 hours ago, users began reporting about the "biggest sell wall I've ever seen": a 31 000 bitcoin sell wall appeared mysteriously at 300 USD per bitcoin on Bitstamp. I must agree, this is the biggest sell wall I've ever seen. One thing that amazes me is how little the market has moved in those 14 hours since the Sell Wall of Death. 31 000 bitcoins is Now 15 000 bitcoins. Not only has the market refrained from panic selling below 300 USD per btc (where 275 USD became the lowest point), people are even chomping the Bitcoin sell wall. If you watch the order book and the live trades you can....
The leading cryptocurrency plunged around $500 in the span of three minutes just minutes ago. Bitcoin now trades for $13,000 after hitting $12,700 briefly. Analysts remain confident after that rapid move lower. Bitcoin Prices Dives Under $13,000 After Hitting New Year High What a chaotic past few days it has been for Bitcoin. The leading cryptocurrency plunged around $500 in the span of three minutes late last hour as sellers suddenly stepped in en-masse. This […]
The aftermath of the SEC’s refusal to approve the Winklevoss bitcoin ETF has resulted in a predictable outcome for bitcoin trading markets. As news of the rejection spread, traders engaged in a rapid sell-off to see bitcoin price sink to a low of $975. Bitcoin price struck $1,288 on the Bitstamp Price Index (BPI) at 21:00 UTC. Ten minutes later, price plummeted to $975, a new 30-day low going back to February 9 when price last took a tumble after two major Chinese exchanges paused bitcoin withdrawals. In that 10-minute period, bitcoin lost nearly 25% of its value. Trading has since....
Today's news that Baidu is no longer accepting bitcoin is hitting the market hard, prompting a major sell-off, with the price (at the time of this writing) hovering at $830USD/BTC. There have been sells of 100,000+ bitcoins in minutes, if you watch the charts closely. A panic this surely is. How far down the price goes is unknown, but things are certainly not looking good at the moment. Investors are taking advantage of the low prices, however, to acquire more coins - as one would come to expect. What's your stance? Are you holding? Selling?
Sunday's losses are erased in an instant in a classic move which nonetheless keeps Bitcoin price action below $60,000. Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSkittish Bitcoin darts around below $60,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose almost $3,000 in minutes after hitting multi-day lows of $56,640 on Nov. 22.#Bitcoin just pumped $2500 in like 5 minutes— Benjamin Cowen (@intocryptoverse) November 22,....