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Market volatility wipes $360M from long and short traders

By Oluwapelumi Adejumo at 2026-05-03 01:20

Sentiment: Positive

Bitcoin briefly climbed above $29,000 during early trading hours after experiencing high volatility that liquidated $178.78 million in the last 24 hours. False alarm triggers sell-off On April 26, the flagship digital asset had rallied toward $30,000 before suddenly dropping to around $27,200. The sudden price movement was fueled by rumors that the U.S. government […] The post Market volatility wipes $360M from long and short traders appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Trading #bitcoin #BTC

Source CryptoSlate