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Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

Updated Sep 14, 2021, 12:57 p.m. Published May 19, 2021, 12:19 p.m.
The bitcoin price has slipped below the key 200-day simple moving average.
The bitcoin price has slipped below the key 200-day simple moving average.