Bitcoin Rebounds to $84K After $80,850 Dip as ZEC and NEAR Plunge
- —Bitcoin dumped to $80,850 and rebounded to $84,000, dominance up to 59.7%
- —More than $800 million in trader positions liquidated in 24 hours
- —ZEC dropped 6% to $1,226, NEAR plunged 10% below $5.20
- —Total crypto market cap fell $20 billion to $2.81 trillion
Why it matters: Violent swings are wiping out over-leveraged positions; holding $80,000 will set the market's next direction.
Source: CryptoPotato