Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped

Bitcoin climbed to over $30,000 during the Asian evening hours on Wednesday on hopes of favorable monetary policies in the U.S, some market analysts opined. That move didn’t last long, however, as sudden sales drove prices to the $27,700 level following the U.S. market open.

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• Source: https://www.coindesk.com/markets/2023/04/27/bitcoin-volatility-hits-longs-and-shorts-as-175m-liquidated-1b-in-open-interest-wiped/?utm_medium=referral&utm_source=rss&utm_campaign=headlines