Saturday, December 4, 2021
HomeCryptocurrencyBitcoin falls below $10,000, wipes out $800 in just 45 mins

Bitcoin falls below $10,000, wipes out $800 in just 45 mins

Bitcoin’s tremendous rally came to a screeching halt after profit-booking dragged the world’s leading cryptocurrency below $10,000 levels on February 20.

Bitcoin fell 5.32 percent to end the session at $9,602.45. It opened in the positive territory, but a 7.5 percent nosedive wiped off nearly $800 in 45 minutes. It recouped some losses but traded sideways for the rest of the session.

The fall also marks the comeback of bears as the flash crash came just one day after Bitcoin formed a golden cross on daily charts.

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