Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision

Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision

On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long positions over the past […]