Bitcoin Plunges Back Below $30,000


Bitcoin Plunges Back Below $30,000

Last Update: 2022-06-07

Bitcoin Plunges Back Below $30,000

After breaking its longest bearish streaks to date, Bitcoin, the world’s largest cryptocurrency, is on the ropes once again.

Earlier today, the crypto king plummeted to $29,184, fully erasing this week’s gains.

At press time, Bitcoin is changing hands at $29,429 on the Bitstamp exchange.

See related article: Bitcoin Price Prediction

Roughly $143.08 million worth of cryptocurrencies has been liquidated over the past 24 hours, according to data provided by CoinGlass. Long positions account for more than 84% of the wipeout.


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