Bitcoin Drops Below $64,000 as Strategy Sells 1,690 BTC

AI Summary Bitcoin fell below $64,000 on Aug. 10 after briefly reaching an intraday high of $65,416. The sudden price drop erased nearly 2% of bitcoin’s market capitalization, reducing it to $1.28 trillion and wiping out over $47 million in long leveraged positions. Volatility and Market Liquidations Bitcoin (BTC) slid below $64,000 Monday afternoon, snapping a multi-day […] fulltext: 378 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/market-updates/bitcoin-drops-below-64000-as-strategy-sells-1690-btc/ Source: Bitcoin.com News