Bitcoin Dumped Sharply After Retesting $20K: Crypto Markets Shed $60B (Market Watch)
Published on Sep 28, 2022
https://cb.run/aNT7 Bitcoin Dumped Sharply After Retesting $20K: Crypto Markets Shed $60B (Market Watch)The price of bitcoin headed straight south after briefly exceeding $20,000 on the highest trading volumes recorded for the past several months.
The alternative coins, which were riding high yesterday, have turned red today, except for QNT – 10% surge.
Bitcoin Rejected at $20K
Ever since last week’s price drop to $18,100 propelled by the US Fed’s latest interest rate hike, the primary cryptocurrency had calmed around $19,000. In fact, it spent most of the weekend there, with little to no movement.
Then came Monday, and BTC slipped to $18,600. However, the asset went on the offensive on Tuesday and...
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