Traded at $25,800 Bitcoinexperienced a decline with the last minute developments coming today.
Daily losses in BTC, which entered the lowest level of the last 2.5 months and reached the level of $ 24,950, are at the level of 3 percent.
Bitcoin’s steep fall came after FTX announced its current holdings. Because FTX will appear before a judge in Bankruptcy Court on September 13 to liquidate its assets.
The fact that FTX, which was previously announced to have $1.2 billion in cryptocurrency assets, currently has $3.4 billion in assets, brought a sharp decline in Bitcoin and altcoins.
Although BTC rose above $ 25,100 as of news time, the cryptocurrency analyst drew attention to an important point.
Anıl, a crypto money analyst, stated that there is $ 30 million waiting to be liquidated at $ 24,876. The price has often been known to drop to levels where a lot of liquidations have accumulated.
There is a $30M waiting to be liquidated at $24,876. 🤔#Bitcoin pic.twitter.com/gqjK1zFPfZ
— anıl 💥 (@anlcnc1) September 11, 2023
Currently, the important level for Bitcoin is $ 25,150, while a 4-hour close below this level may deepen the decline even further.
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