Bitcoin Hits One-Year High Then Plummets After "Someone" Liquidates $1 Billion In Seconds To Hammer Price
August 02, 2020 at 11:56 AM EDT
The infamous cryptocurrency dash-and-smash was on full display overnight, when shortly after midnight ET, bitcoin hit a one-year high of $12,112, before it was hit by a furious wave of selling that sent the price as low as $10,550.