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Bitcoin pulls back to as low as $81,000 as horrendous day continues
Bitcoin's (BTC) price continued to pull back in late Thursday evening U.S. hours, tumbling to as low as $81,000 before bouncing to the current $82,000.
The world's largest cryptocurrency has now lost nearly $10,000 over the past 24 hours of trading. More than $777 million in crypto longs were liquidated over the past hour, with that sum rising to $1.75 billion over the past 24 hours, according to CoinGlass.
The broader cryptocurrency market likewise saw prices tank by 7% to 9% over the past 24 hours, with ether (ETH) hovering around $2,700, BNB (BNB) around $843, and XRP (XRP) around $1.74.
A CoinDesk analysis suggested that bitcoin's price falling below $85,000...