#Bitcoin wipes out gains!

The price of Bitcoin briefly fell Below $41,000 on December 11th with a sudden 6.5% draw down seeing it dropped to as Low as $465 in a span of 20 minutes ether the Second largest cryptocurrency by market Cap also declined abruptly falling more Than 88.9% in the same time frame other Large cap crypto assets including BNB Xrp and soul also posted losses the Brief drop caused more than $270 Million Worth of long positions to be liquidated The draw down fnally came only minutes After wolf of all Street Scott mker Noted that Bitcoin had just closed its Eight green weekly candle adding the Remark when correction sir the draw down Marks the largest single day decline for Bitcoin in over a month with the asset Having grown more than 12% over the last 30 days for all the latest crypto news And updates subscribe to the official Cointelegraph YouTube channel

Coinbase
OUR TAKE

Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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    • bitcoinBitcoin (BTC) $ 58,539.00 1.28%
    • ethereumEthereum (ETH) $ 3,147.65 1.03%
    • tetherTether (USDT) $ 1.00 0.02%
    • bnbBNB (BNB) $ 530.46 0.2%
    • solanaSolana (SOL) $ 139.67 1.21%
    • usd-coinUSDC (USDC) $ 1.00 0.06%
    • staked-etherLido Staked Ether (STETH) $ 3,152.79 1.23%
    • xrpXRP (XRP) $ 0.520241 12.13%
    • the-open-networkToncoin (TON) $ 7.34 0.78%
    • dogecoinDogecoin (DOGE) $ 0.109466 2.25%