Bitcoin price pulls back below $43,000 as uncertainty permeates markets | Headlines | News | CoinMarketCap
02/06/2024 00:57
The price of bitcoin has pulled back below the $43,000 mark, as multiple factors exacerbated a bearish market sentiment on Monday. The world's …
The price of bitcoin has pulled back below the $43,000 mark, as multiple factors exacerbated a bearish market sentiment on Monday.
The world's largest cryptocurrency by market capitalization decreased by over 0.5% in the past 24 hours to $42,676 at 12:00 p.m. ET, according to The Block's Price Page.
The price action caused the liquidation of over $75 million of cryptocurrency long positions, according to Coinglass data. In the past 24 hours, liquidated bitcoin leveraged positions spiked to almost $30 million, with over $18 million of these being longs.
The price of bitcoin fell below the $43,000 mark on Monday. Image: The Block's Price Page.
Genesis files to sell Grayscale assets
The price movement comes as bankrupt crypto lender Genesis Global Capital on Saturday filed a new …