The move represents the biggest of its kind in 2020. The cryptocurrency dipped to $8,580 on Wednesday, Feb. 26, more than 6% of its worth. Bitcoin is anticipating a “halving event,” the week of May 18th.
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BitMEX Sell-off Hits Bitcoin’s Value Hard
Bitcoin’s value took a dive as more than $150 million worth was liquidated on the BitMEX trading exchange. So reports Cointelegraph.
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