Bitcoin price crashes spectacularly, wiping $10k from value

by crypto journalist

The latest dip also caused bitcoin’s market capitalisation to fall below $1 trillion, having passed that milestone for the first time last week.

In comments shared with The Independent, Mr Peters, who works for the online trading platform eToro, said that such signs would probably lead to some short-term losses.

He said the indicators “will be a warning to many investors that the current price trajectory may be weakening, and that a consolidation or change in price direction is on the horizon”.

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