price move
Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an Hour
0Importance
closedStatus
1News media
- Published
Key claims & sources
Summary in preparation.
Market reaction i
Bitcoin rose 1.3% in the 4 hours after the first headline, after falling 1.5% in the 2 hours before.
$79,444
price at the headline
-1.5%
2 h before
+1.3%
4 h after
+1.8%
12 h after
First headline
48 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
BeInCrypto
scoop
Oct 24 15:47
BeInCrypto
scoop
Breaks the event: $2720B
Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.1 years ago | BTC at $115,227 high | today it sits -34.5% from there |
| 4 months ago | BTC at $58,566 low | today it sits +28.9% from there |
From what we have stored, starting 1.1 years ago.