$btc is down momentarily
$BTC
$BTC
Post
--Bearish
Alfonsomoon
·
--
-79.000 $btc
Bitcoin fell below $79,000 after a recent high above $82,000.
Markets now price at around a 58% probability a Fed rate hike in September.
Liquidations reach $165 million, of which about $115 million are in long positions.
Bitcoin falls below $79,000 and drags the altcoins with it.
The move began after another failed attempt by bitcoin below $80,000. BTC reached approximately $82,164 last week, its highest level in three months, before losing about 5% from that peak. The difficulty of bitcoin holding $82,000 was already evident after its rebound in late August.
Markets now price at around a 58% probability a Fed rate hike in September.
Liquidations reach $165 million, of which about $115 million are in long positions.
Bitcoin falls below $79,000 and drags the altcoins with it.
The move began after another failed attempt by bitcoin below $80,000. BTC reached approximately $82,164 last week, its highest level in three months, before losing about 5% from that peak. The difficulty of bitcoin holding $82,000 was already evident after its rebound in late August.
