Ruh-Roh! Bitcoin almost broke below $20K last night, reports CNBC. Below $20K, MARGIN CALLS galore start ripping hodlers to shreds, and Microstrategies has to find billions of dollars worth of assets to cover its current Bitcoin positions.
The crypto world is unwinding with astonishing speed as all the leveraged hype unravels... first LUNA, then Celsius, and probably Tether soon. Wonder where the bottom is in all this?
https://www.cnbc.com/2022/06/1....5/bitcoin-plunges-to
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