Massive $150B Crypto Liquidation as Bitcoin Weakens

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PIPPIN continues to defy the overall market crash, while BCH has dumped the most from the larger caps.

Bitcoin’s price continues its underwhelming performance, dropping to another multi-week low of under $63,000 earlier today.

The altcoins are bleeding out as well, with another day of multiple losses of more than 3%. Some, such as BCH, have dumped by over 10%.

BTC Slides Again
BTC was rejected at over $70,000 at the beginning of the previous business week, and its bounce-off attempt was halted in its tracks. The following few days were less volatile, as the cryptocurrency remained sideways between $67,000 and $68,500. It slipped to $65,600 on Thursday, but quickly rebounded and stood close to $69,000 during the weekend.


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