🚀 **Crypto News Flash: Bitcoin's Rollercoaster Week!** 🚀
Bitfinex Alpha's latest report dives into Bitcoin's recent 10% dip, driven by aggressive spot selling and geopolitical tensions. After peaking at $66,587, Bitcoin tumbled to $60,000, sparking $450M in long liquidations. Despite this, Bitcoin rebounded to $62,500, thanks to strong US labor market data.
- **Key Points:**
- Bitcoin's sharp decline after losing $65,200 support.
- Geopolitical tensions and market unwinding impacted prices.
- Recovery to $62,500 buoyed by positive labor data.
📈 What’s next for Bitcoin? Share your thoughts in the comments! 💬