Bakkt Records New Record Volume While Bitcoin Crashes

Yesterday was undoubtedly not the best day for Bitcoin investors. The cryptocurrency has dropped 8% in the past 24 hours after BTC found some support at $7,400 after a steep drop of just under $8,000. The massive slump came as a surprise, especially in its strength. During the crash of within 15 minutes, in which the Bitcoin price crashed from 8,000 USD to 7,400 USD, long positions worth over 200 million USD were liquidated on the BitMEX platforms. Since then, …

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