Wednesday, September 30, 2020
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Market Wrap: Traders ‘Whack the Beehive’ as Bitcoin Surges Then Plunges

[sociallocker id="55298"] Tuesday’s bitcoin price whipsaw can be partially explained by large traders looking to deleverage in the derivatives market.  Bitcoin (BTC) was changing hands around $9,512 as of 20:00 UTC (4 p.m. ET), slipping less than 1% over the previous 24 hours.  A sudden rally to $10,000 late Monday boosted bullish

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