Point Roberts, WA and Delta, BC – August 3, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
Listen to today’s Crypto Corner Podcast:
Crypto Corner Episode 433: BTC Weathers “Flash Crash” to Maintain $11K Support, Galaxy Digital (TSX: GLXY) Sees “Near Record” Trading Levels
Stocks discussed: (TSX:GLXY)
Bitcoin (BTC) weathered the past weekend to enter August’s first week with its $11,000 support level intact. At press time, it is trading for about $11,200, according to data from CoinMarketCap. Over the weekend, Bitcoin first climbed to around $11,969 on Sunday, only to experience a “flash crash” of $1,458 in 10 minutes, pulling it down to $10,659, according to data from CoinDesk. That publication goes on to indicate that this crash led to the liquidation of “nearly $1.4 billion worth of positions across major exchanges,” “$144 million