Heavy sellers took the center stage briefly at the world’s most popular crypto market.
Data retrieved from FTX a leading crypto exchange showed Bitcoin’s gain and then it lost huge amounts in dollar terms during trading on Sunday.
After topping 15% 24-hour gains, Bitcoin encountered heavy selling pressure above $28,000.
- Unable to sustain its extremely rapid upwards trajectory, the largest #cryptocurrency then fell to lows of $26,500.
- At the time of drafting this report Bitcoin’s volatility ensured that no firm market direction was in control as BTC/USD fluctuated around $27,100.
More details shortly …
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