Bitcoin Reclaims $20,000 After Wild Weekend — Realized Losses Smash Records After Dip to $17,700 | CoinMarketCap

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Bitcoin Reclaims $20,000 After Wild Weekend — Realized Losses Smash Records After Dip to $17,700 | CoinMarketCap
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🚨 Bitcoin back above $20,000 after wild weekend 🚨 Realized losses smash records after plunge to $17,700 🚨 Bukele breaks his silence and reassures investors

Bitcoin is dusting itself off after a wild weekend that saw prices plunge to lows of $17,708.62.

The swift return above $20,000 is a small victory for the bulls given the psychological significance of this threshold, but further uncertainty lies ahead because of a close correlation with the stock market. "The last three consecutive days have been the largest USD denominated realized loss in Bitcoin history. Over $7.325 billion in BTC losses have been locked in by investors spending coins that were accumulated at higher prices."

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