Bitcoin holders faced a tough period last Monday as the price collapsed from $61,000 to $54,000 within a few hours. This drop, described as one of Bitcoin's worst days this year, resulted in severe losses and liquidations.
As the currency recovers its previous peak, data shows that the price of Bitcoin may still be at risk of another drop, as happened in the past few hours.
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Bitcoin holders faced a tough period last Monday as the price collapsed from $61,000 to $54,000 within a few hours. This drop, described as one of Bitcoin's worst days this year, resulted in severe losses and liquidations.
As the currency recovers its previous peak, data shows that the price of Bitcoin may still be at risk of another drop, as happened in the past few hours.