10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap

2022.05.10 16:40

10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap

Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021.

Data from on-chain analytics firm CryptoQuant showed exchange reserves start increasing as panic gripped crypto markets.

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