The Much Battered Bitcoin Bounces As Crypto Whales Fail To Trigger A Margin Call For Celsius Held Wbtc
Bitcoin seemed to be on the verge of a Lehman moment on Saturday as the world’s largest cryptocurrency tumbled below its previous bull cycle peak of $19,511, something that had never happened before. Add to this the cascading liquidations emanating from various corners of the crypto sphere, and the sentiment around Bitcoin could not have been gloomier. Yet, at the time of writing, Bitcoin seems to have recovered handsomely, clocking in gains of nearly 10 percent relative to the low of $17,663....