Bitcoin price fluctuations deprived traders of $ 570 million

Over the past day, crypto traders have lost over $ 573 million, according to the bybt service. Margin positions of 88 thousand users of crypto-exchanges were liquidated, the largest loss in one transaction amounted to $ 9.9 million, writes RBC Crypto.

This happened against the background of Bitcoin reaching a record value of $ 50.6 thousand. In the next few hours, the asset price fell to $ 47.7 thousand, and then continued to grow. As of 10:50 Moscow time, the first cryptocurrency is worth $ 50.8 thousand.

The breakthrough of the BTC level of $ 50 thousand occurred after the largest cryptocurrency owner among public companies, MicroStrategy, announced plans to invest another $ 600 million in Bitcoin. The company has already managed to earn more than $ 2.3 billion on the growth of bitcoin quotes.

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