Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M

in bitcoin •  4 years ago  (edited)

What is happening to Bitcoin?

The price of Bitcoin (BTC) has risen to $ 10,272 due to an unexpected weekend bounce on July 26. It suddenly surged and completed a short-term contract worth $ 75 million.

Simultaneous rejection of the large altcoin and the surge in bitcoins shows that traders have benefited from the recent altcoin rally.

The price of Bitcoin has recovered significantly over the past few weeks, and some executives and industry investors are optimistic about BTC and ETH.

Bitcoin has gone through many phases of liquidating short-term or long-term contracts of more than $ 50 million.

Do you believe in Bitcoin?

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