$500 Million in Bitcoin Longs Liquidated as BTC Price Taps $8,000

Hello, volatility! While it has been only two hours since our last Bitcoin price market update, the cryptocurrency market has taken a further beating. A beating that likely caught bulls with their pants down.
For those that haven’t been perusing Crypto Twitter over the past few days, ever since Bakkt launched, the Bitcoin price has been trending bearish.
Since the much-awaited product came to market, the leading cryptocurrency has shed some 20%, falling from $10,150 to $8,300 where it sits