Traders wait for Grayscale vs. SEC verdict as liquidations deteriorate crypto markets

The cryptocurrency market has plummeted relentlessly, with liquidations exceeding $1 billion. Such developments and a weak market structure could have welcomed the massive price plunges. Bitcoin flashed bearish signals after news of SpaceX selling its entire BTC stash. Moreover, the fragile global economy, including China’s Evergrande bankruptcy updates and crashing treasury bonds, triggered the historic The post Traders wait for Grayscale vs. SEC verdict as liquidations deteriorate crypto markets appeared first on Invezz .