Impact of Asia Trading Week: Bitcoin Price Plunges 5% and CoinDesk 20 Index Down 7%
Monday, 8 July 2024, 04:27
Bitcoin Price Decline
The Asia Trading Week commences with a 5% drop in Bitcoin's price.
CoinDesk 20 Index Downturn
The CoinDesk 20 index experiences a 7% decrease, impacting market sentiment.
Long Liquidations
Nearly $175 million in long liquidations suggest a contraction in the broader market.
Market Volatility
Traders navigate heightened volatility and potential losses with the declining values.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.