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Falling below these prices would trigger a disastrous bleed for Bitcoin and Ethereum: BitMEX CEO

  • BitMEX lead Arthur Hayes says a crypto carnage is due if Bitcoin and Ethereum fall below $20K and $1K, respectively.
  • So far, big BTC hodlers like Tesla and MicroStrategy have a combined over $1.2 billion in unrealized losses.

Bitcoin (BTC) and Ethereum (ETH) will likely be poised for greater losses if they fall past two critical levels, BitMEX founder
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