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Why is Bitcoin price down today? By Cointelegraph

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IntroductionAfter topping the $21,500 mark on Nov. 4, () price is down by 14% on Nov. 8, reaching a new yearly ...

After topping the $21,Is Forex International a formal platform?500 mark on Nov. 4, () price is down by 14% on Nov. 8, reaching a new yearly low at $17,166 — and most altcoins are following suit.

While the Binance and FTX news initially caused , the day turned south as various unconfirmed sources speculated that FTX’s losses could show.

Why is Bitcoin price down today? By Cointelegraph

BTC long versus short and liquidations. Coinglass
Bitcoin price index. Source: Cointelegraph
FTX outflow chart. Source: DuneAnalytics

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