What Caused Bitcoin's 10% Crash: Matrixport, Jim Cramer, Leverage?
Submitted by Anonymous (not verified) on Wed, 01/03/2024 - 22:20
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.