guacamole

@guac · 5 months ago

Bitcoin traders using up to 100-to-1 leverage are driving the wild swings in cryptocurrencies https://www.cnbc.com/2021/05/25/bitcoin-crashes-driven-by-big-margin-bets-new-crypto-banking.html

https://www.cnbc.com/2021/05/25/bitcoin-crashes-driven-by-big-margin-bets-new-crypto-banking.html
Bitcoin traders using up to 100-to-1 leverage are driving the wild swings in cryptocurrencies

cnbc.com

published 5/25/2021

author

Kate Rooney Maggie Fitzgerald, Kate Rooney, Maggie Fitzgerald

summary

Bitcoin's aggressive declines are being driven by much more than regulatory headlines or herd mentality.