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Bitcoin drops below $9,000
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit">The Block</span></span><span class="acf-credit"></span></span>
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Over the past several hours, bitcoin prices fell from $9,750 to as low as $8,590— a downswing of over 10%. According to data from Rekto, over the past 24 hours, derivatives exchange BitMEX saw over $380 million worth of XBT Perpetual Swap contracts liquidated. The low represents a new bottom over the past three months.
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