Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations

Shortly after the first ETFs started trading, bitcoin prices climbed to over $49,000 briefly – igniting bullish sentiment and levered bets amid the sudden spike. That drove prices of various majors, such as ether (ETH) and Solana’s SOL, up as much as 10% within hours.

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• Source: https://www.coindesk.com/markets/2024/01/12/bitcoins-wall-street-debut-ends-in-tears-for-futures-traders-leads-to-83m-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines