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Bitcoin bulls could walk into a $1 billion liquidation trap as Bank of America warns multiples are about to compress - CryptoSlate

1 min read
Bitcoin bulls could walk into a $1 billion liquidation trap as Bank of America warns multiples are about to compress - CryptoSlate

Bank of America has issued a warning that Bitcoin bulls may face a significant risk of liquidation, potentially exceeding $1 billion, as market multiples are expected to compress. This caution comes amid growing concerns about the sustainability of recent price rallies in the cryptocurrency market.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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