Mover Americas: El Salvador Holds More BTC Than Expected
This post initially appeared in MoverCoinDesk's day-to-day newsletter, putting the most recent relocations in crypto markets in context. Register for get it in your inbox every dayNewest PricesLeading StoriesBitcoin (BTC) was up to as low as $66,800 on Friday, dropping 8% in 24 hours after overlooking $70,000 earlier in the week. The CoinDesk 20 index, a step of the biggest and most liquid digital properties, fell 6%. Information from CoinGlass reveals that over $100 million in long positions were erased over 12 hours, and $167 million in longs liquidated in 24 hours. Other properties like gold and Wall Street's tech-heavy index Nasdaq likewise came under pressure today. Some experts explained BTC's pullback from record highs as a common bull breather seen after sharp rallies. Adrian Wang,...