Bitcoin crashes to $86,000 yet again, for absolutely no logical reason

Source Cryptopolitan
  • Bitcoin’s tanking again: We’re talking another slide from the low-$92k area down toward ~$87,000 over the weekend, and yeah, it’s messy because liquidity is paper thin and everyone’s sitting on their hands ahead of key data.

  • Illiquid Sunday vibes: This crash actually started in the slowest trading hours, which always makes moves feel crazier than they are, and with U.S. economic prints and central bank noise this week, traders are hedging and hedging hard.

  • Altcoins looked awful too with Solana, XRP, Dogecoin, and Cardano extending double-digit monthly losses while volumes stayed muted across the board.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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Author  Mitrade
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