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Cryptocurrencies: 22845

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CryptoGlobe

2022-11-10 23:13:00

Bitcoin ($BTC) Traders Move to Buy the Dip as ‘Feelings of Hopelessness’ Take Over

Bitcoin ($BTC) Traders Move to Buy the Dip as ‘Feelings of Hopelessness’ Take Over

Bitcoin ($BTC) investors are moving to buy the dip after the cryptocurrency’s price plunged from around $20,000 to $16,000 after cryptocurrency exchange FTX endured a liquidity crisis that revealed it was unable to process customers’ withdrawals. According to on-chain analytics platform Santiment, BTC’s 2-year low is being seen by investors as an opportunity to buy

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