Name: Bitcoin Below $42K After Posting Worst Daily Drawdown Since August
Uploaded: 2023-12-12T18:57:03.000Z
Duration: 12 min 15 s
Description: Bitcoin (BTC) is trading under $42,000, after suffering its steepest daily drawdown in almost four months on Monday. The decline wiped out over $520 million in leveraged trading positions on the crypto derivatives market, predominantly longs betting on rising prices, CoinGlass data shows. WonderFi CEO and President Dean Skurka shares his crypto market expectations for 2024.

CD20$2,049.261.65%BTC$73,862.320.55%ETH$2,024.430.53%XRP$1.330.43%SOL$82.670.50%

Bitcoin Below $42K After Posting Worst Daily Drawdown Since August | CoinDesk Videos

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CD20$2,049.261.65%BTC$73,862.320.55%ETH$2,024.430.53%XRP$1.330.43%SOL$82.670.50%

Bitcoin Below $42K After Posting Worst Daily Drawdown Since August | CoinDesk Videos