bearish

Bitcoin

BTC Drops Below $20k as Credit Contagion Spreads

233 Views06 Jul 2022 09:31
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SUMMARY
  • Trend of the Week: Tether’s market cap has plummeted amid a reportedly sharp increase in bearish bets.
  • Price Movements: BTC dipped below $20k while ETH held steady above $1k as credit contagion continued to roil markets.
  • Market Liquidity: Binance.US processed a record number of transactions after eliminating BTC trading fees.
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