#Bitcoin price briefly dropped to $53,354 on July 8, causing $62 million in leveraged long positions to be liquidated. 

However, a quick recovery to $58,215 resulted in $96 million in short positions being terminated, showing moderate bullish sentiment.

 Despite concerns about the #German government's #Bitcoin sales and potential Mt. #Gox sell-offs, #BTC derivatives indicate resilience and a positive outlook for reclaiming $60,000 soon.
#Bitcoin #BTC #Crypto #LQR #LaqiraProtocol
#Bitcoin