What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage?

2024-1-4 23:00

Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport's report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analyst said in an interview.

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matrixport bitcoin leverage likely due decline flush

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Matrixport adds automatic investment plan feature to buy bitcoin at a discount

Matrixport, a digital asset trading, custody and lending startup founded by Bitmain co-founder Jihan Wu, has announced a new wealth management product called “Dip Hunter. ” Dip Hunter provides an Automatic Investment Plan (AIP) feature to bring greater flexibility for investors utilizing Matrixport’s digital asset management platform.

2020-3-7 16:33