Bitcoin Battles for $50k after $10k Dip and $4.4B in Liquidations

In brief: Bitcoin fell from $58,369 to a local low of $47,619 Bitcoin then rebounded to $55k before once again dipping to the $47,600 level The volatility caused $4.4 Billion in liquidations The crucial $50k support hangs in the balance as February comes to a close There could be additional selling pressure with Bitcoin futures and options contracts expiring on Friday as well as the monthly close The Bitcoin and crypto markets have experienced a rollercoaster ride in the last […]