Bitcoin may have 'capitulated' but liquidations remain lower than January's $32,000 dip.
) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets.on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.”in line with equities on the May 5 Wall Street trading session, Bitcoin bounced at levels last seen in February.
The S&P 500 finished the day down 3.5%, while the Nasdaq 100 ended down 5%. Outside stocks, U.S. 10-year Treasury futures shed 1%, a rare combination which gave some market participants pause for thought.
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