Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M - Aliens: AI Crypto News & Markets Updates

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Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M

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CoinTelegraph

Fri, Nov 26, 2021

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Aliens TLDR

Bitcoin ( BTC ) shed almost $5,000 in a single day on Nov. 26 as bulls faced fresh disappointment.

Cointelegraph contributor Michaël van de Poppe called current price action "beautiful." Beautiful price action — Michaël van de Poppe (@CryptoMichNL) #Bitcoin .

Altcoins did not respond well to Bitcoin's fall, with many major tokens outperforming BTC against the U.S. dollar in terms of losses.

While traditionally inversely correlated, Bitcoin looked like more of a copycat as DXY targeted 96 for support

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