Bitcoin ( BTC R$607,368 )
experienced unprecedented intraday volatility on December 5, with a dramatic price swing from US$525,176,830,531,2.396 that saw the
cryptocurrency reach a notable low of US$525,176,830,539,1.463.
Analysts estimate that over $5,251,768,305,34 billion worth of leveraged BTC futures were liquidated during this period, surpassing the previous peak recorded during the FTX bankruptcy in November 2022. What really stood out during the Dec. 5 flash crash was the recovery to $5,251,768,305,35.160 less than 15 minutes after hitting the low, with buyers aggressively defending the $5,251,768,305,36 support level. Additionally, Bitcoin derivatives metrics maintained their previous high, signaling that traders remain confident in the current bullish momentum. Source: https://cointelegraph.com/news/b