Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting lows of $47,400.
After reversing at all-time highs of $58,312 on Sunday, Bitcoin fell almost $7,000 in under an hour, sparking intense volatility, which continued at the time of writing.
“Almost a $7,000 hourly candle. That has to be by far the largest hourly move in history,” analyst Scott Melker reacted.
