Tag: COIN:ORCUSD
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Crypto: Tokenized Fund Earns Moody’s AA Rating, Binance Contemplates Privacy Token Removal, and Latest Updates
Bitcoin recovers after a drop due to leveraged liquidations Bitcoin (COIN:BTCUSD) has shown a slight recovery, trading just above $44,000, after dropping by up to 7% on Wednesday due to leveraged liquidations. Increased leverage and a non-consensus report from Matrixport contributed to the cascade liquidation, resulting in the elimination of nearly $560 million in long…