Crypto Crisis Broadens: Why This Bitcoin Selloff Is Different
Bitcoin
Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monday that brought fresh momentum to a wide-ranging selloff. The market is on shaky ground after a weeks-long rout. Data compiled by Coinglass show this began when some $19 billion in levered bets were wiped out in early October as US President Donald Trump whipsawed markets with threats of higher tariffs. Bloomberg's Suvashree Ghosh reports. -------- More on Bloomberg Television and Markets
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