Bitcoin immediately rebounded to $30,000 after rumors emerged that the SEC had approved Blackrock/iShares' BTC spot ETF.
However, the price of the flagship asset quickly returned to around $28,000 after Blackrock denied this, saying its application was still under review.
CoinGlass data shows that short positions worth about $81 million were liquidated when BTC hit $30,000, and long positions worth $31 million evaporated during the correction.
However, the price of the flagship asset quickly returned to around $28,000 after Blackrock denied this, saying its application was still under review.
CoinGlass data shows that short positions worth about $81 million were liquidated when BTC hit $30,000, and long positions worth $31 million evaporated during the correction.
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