$100 Million Wiped From BitMEX as Bitcoin Dives $1,500 in Three Minutes

Just over 12 hours after Bitcoin crossed $10,000 for the first time in weeks, the cryptocurrency dove off a proverbial cliff. Approximately twenty minutes ago, the crypto was hit with a barrage of sell orders that took the asset as low as $8,600 on BitMEX (seen below). On spot exchanges and some other derivatives exchanges, the cryptocurrency held the low-$9,000s. On BitMEX, the asset dove more than $1,500 in three minutes in a massive move […]