America’s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap

Bitcoin’s sustained price correction is deepening as demand from US investors weakens, leaving the world’s largest cryptocurrency increasingly exposed to leveraged positions clustered below $60,000. According to CryptoSlate's data, the top crypto traded at $59,800 at press time, down 16%… Bitcoin’s sustained price correction is deepening as demand from US investors weakens, leaving the world’s largest cryptocurrency increasingly exposed to leveraged positions clustered below $60,000. According to CryptoSlate's data, the top crypto traded at $59,800 at press time, down 16% this month. This decline has brought the asset closer to price levels where forced liquidations […] The post America’s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap appeared first on CryptoSlate.