Ouch. The Bitcoin (BTC) price has dumped by over $450 in the past few minutes, with bears finally managing to take the wheel of the cryptocurrency market after over two weeks of lull. It isn’t clear what triggered this move, but with this flash crash, the leading cryptocurrency has decidedly shed the $10,000 support. With this move, millions worth of Bitcoin shorts on BitMEX were liquidated. According to Skew Markets, a cryptocurrency analytics firm, over $150 million worth of BTC long positions on BitMEX were liquidated in the past hour. This move brings Bitcoin to a very important territory, analyst Magic has said. ... (full story)