Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip – CoinDesk

Bitcoin has fallen some $15,000 over the past 24 hours.

The leading cryptocurrency reflected a broader drop in crypto markets, according to CoinDesk’s price index, with some cryptocurrencies falling more than 20% over the past 24 hours.

Spot market selling seems to have driven the cryptocurrency lower.

It is not common to see such a high OI being sustained for such a long duration.

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