Bitcoin’s $70,000 Test Pump: Trader Claims It’s Just a Joke, But Not Everyone is Laughing
Bitcoin’s Rollercoaster Ride: From $70,000 to $66,600 A Short-Lived Triumph Bitcoin’s push to break the psychologically important barrier of $70,000 was short-lived, as the apex cryptocurrency almost immediately dipped 5% to a low of $66,600. The volatile price action around all-time high levels caused liquidations of leveraged positions worth $240 million within an hour of…