Analyst: Bitcoin breaks through $64,360, Bitfinex warns of downside risks
2026-08-05 04:20:24
According to CoinMeta, the price of BTC has broken through $64,360, and there are warnings of downward risks for Bitfinex. Bitcoin rose by 0.8% in trading, fluctuating between $63,300 and $64,360, while maintaining a support level above $63,500. The sudden increase triggered significant short squeeze, resulting in the liquidation of short positions worth $35 million. Bitcoin traded between $63,300 and $64,300 on Tuesday.
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Source:Internet
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