{"id":528975,"date":"2023-04-27T21:00:46","date_gmt":"2023-04-27T21:00:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=528975"},"modified":"2024-06-11T10:33:11","modified_gmt":"2024-06-11T10:33:11","slug":"bitcoin-bloodbath-market-volatility-sparks-panic-wipes-out-1-billion-in-open-interest","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-bloodbath-market-volatility-sparks-panic-wipes-out-1-billion-in-open-interest\/","title":{"rendered":"Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest"},"content":{"rendered":"
In the last 24 hours, Bitcoin (BTC) has experienced a sharp increase in volatility, with prices fluctuating between $29,000 and $27,000, given the lack of liquidity in the market. This sudden price action has had a significant impact on bulls and bears.<\/span><\/p>\n
However, as of this writing, Bitcoin has managed to recover the $29,000 level, and it remains to be seen if it can continue to recover and consolidate above its key psychological level of $30,000, supporting the continuation of its bull run or if it will be further slumps in the coming days or weeks.<\/span><\/p>\n