On Wednesday morning, March 31, the bitcoin rate on the Binance crypto exchange fell by $ 3 thousand in two hours. Cryptocurrency quotes began to fall after they approached the $ 60 thousand mark. At the moment, they fell to $ 56.7 thousand. As of 12: 15 Moscow time, the cost of the asset is $ 58 thousand, writes RBC Crypto.
Over the past hour, traders’ positions for $ 593 million were liquidated, according to the bybt service. Most of the margin transactions of users fell on pairs with bitcoin – the volume of such liquidations amounted to $ 330 million.
Bitcoin approached the $ 60K mark amid news that PayPal has allowed US customers to use cryptocurrency for payment. Users who hold bitcoins, Ethreum, Bitcoin Cash and Litecoin on their wallets have the opportunity to convert them into fiat currencies at the time of purchase at 29 million points of sale.
Also last week, automaker Tesla added bitcoin payment for its products. And Visa became the first of the major payment systems to start conducting transactions in cryptocurrency.
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