💈Bitcoin Price at $69,000 Following the Clearing of Open Interest

According to experts, the recent movements in Bitcoin and other cryptocurrencies have been quite peculiar.

Bitcoin
$BTC recovered slightly, reaching $69,000 after a sudden sell-off by traders on June 8.

💈Friday Sell-off in Bitcoin and Ether

Data shows that the BTC price stabilized again as the weekend approached. The largest cryptocurrency had experienced sudden fluctuations during the previous Wall Street opening, thanks to employment data from the United States.

This situation was later compounded by market reactions to a live stream by the famous trader Roaring Kitty, which led to a decline in altcoins.

While BTC/USD saw local low levels of $68,450 on Bitstamp, the largest altcoin Ether ($ETH ) briefly fell below $3,600.

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