Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy's STRC Plunge
The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
Crypto Daily·
The Bitcoin price has fallen out of a bear flag/channel structure and is now holding below $63K. Are the bears completely in charge now, and could a new low be incoming?
Read full articleThe disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
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