According to Bitcoin.com, Bitcoin's price dropped sharply on Sunday, falling from the $91,000 range to the high-$86,000s within minutes due to heavy selling pressure. The sudden move triggered a massive spike in sell-side volume, wiping out $139 million in BTC longs and erasing recent gains. The breakdown came without meaningful pauses, indicating thin liquidity and aggressive stop-hunting activity. As of 8:20 p.m. Eastern time, BTC rebounded slightly to $87,583.
Bitcoin Plummets from $91K to $86.9K Amid Sudden Sell-Off
Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.