Bitfinex Warns of Deeper Bitcoin Reset Below $75,717

Crypto exchange Bitfinex issued a cautionary note on November 11, indicating that bitcoin may face a more significant reset, suggesting a potential extended downturn, following four consecutive days beneath its $75,717 short-term holder cost basis. That level represented the estimated average acquisition price of coins held for a duration of less than 155 days. Regaining … Read more

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