Bitcoin fell massively below $30K mark amid Regulatory Uncertainty

From dailytraders.com

BTC/USD is trading at 28,627, down by 2.05% in the past day. The leading cryptocurrency, bitcoin had an upward trend last week when data indicated that US inflation started to cool. However, the crypto market declined amid legal uncertainty prevailing in the market. Recently, the sell-off in the broader virtual currency market has increased. Coinglass figures show that the sudden sell-off led to the liquidation of long bets worth more than $300 million across all cryptocurrency marketplaces. Binance recorded the most liquidations ($49.9 million) out of all the tracked cryptocurrency exchanges that participated in the ... (full story)