Share this article

Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility

The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.

Updated Sep 6, 2024, 4:07 p.m. Published Sep 6, 2024, 2:43 p.m.
Bitcoin price (CoinDesk)
Bitcoin price (CoinDesk)