Why has the price of Bitcoin gone down today?  By CoinTelegraph
Why has the price of Bitcoin gone down today?  By CoinTelegraph



© Reuters.

Price is down today as cryptocurrency markets react to fresh FTX fallout and BTC bulls fail to defend already weak support.

1-day candlestick chart (Bitstamp). Source: TradingView

bitcoin (BTC) fell 5% in a single hour overnight on March 3, falling to its lowest levels in more than two weeks, data from Cointelegraph Pro Markets and TradingView shows

BTC/USD annotated chart. Source: Cryptocredible/Twitter
BTC/USD annotated chart. Source: Bias/Twitter
BTC liquidations chart. Source: Coinglass