Source: iStock/dima_sidelnikov
After a sharp market sell-off caused a flurry of long liquidations over the past 24 hours, both bitcoin (BTC) and several other major cryptoassets found support Thursday morning as the number one cryptocurrency bounced off a key level in the chart.
As of press time on Thursday (08:00 UTC), bitcoin is trading at USD 8,840, down 3.75% over the past 24 hours.