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Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs

Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.

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Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs

Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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