Spot-Driven Retail Selling Sparked Sunday’s Bloody Bitcoin Selloff

Yesterday, Bitcoin price collapsed from a high of $9,300 to a low of $8,650 just ahead of an important weekly close. The selloff, according to data, was primarily driven by spot markets, specifically the popular cryptocurrency exchange Coinbase. Coinbase Users Lead Sunday Bitcoin Bloodbath Ahead of Weekly Close Starting in the early hours of Sunday…

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Author: toutiao