Flash
Bitcoin drops to lowest level since March 2
Bitcoin fell to US$65,720 on Friday, the lowest price since March 2, and recently traded at approximately US$65,804, a drop of more than 4% during the day. Ethereum fell about 4% to $1,980, Solana fell 5% to below $83, and BNB fell 3% to $608. According to CoinGlass data, more than US$500 million in crypto positions have been cleared in the past 24 hours, of which nearly 90% are long positions. Strategy, the largest corporate bitcoin holder, holds approximately US$50 billion in bitcoin. Its stock MSTR fell more than 5% in the day and fell below US$124 intraday, setting a one-month low. BitMineImmersion Technologies (BMNR), the listed company with the largest holdings in Ethereum, hit an intra-month low of $18.42, falling more than 4% during the day. Crypto and stock trading platform Robinhood (HOOD) also fell to a monthly low, trading just above US$66. It has fallen more than 11% in the past month and more than 50% in the past six months. The three major U.S. stock indexes fell simultaneously, with the Nasdaq down 1.5%, and the S & P 500 and Dow each down about 1%. The U.S. president said after hours on Thursday that it would suspend planned strikes on Iran's energy facilities, but Israel later said it would "escalate" attacks on Iran after a missile strike. There is a 64% probability that users of prediction market platform Myriad currently believe that Bitcoin's next target will be $55,000 instead of $84,000.