Recently, 300,000,000 usd had been liquidated as a result of fear in the current micro market environment. A group of select individuals have decieded that it was best to sell their assets. The price of bitcoin has now dipped under its 7-day high. This had led to a mini panic across the crypto community. Twitter had been the first to panic - as expected - and now everyone's supposedly going to start buying bitcoin again. 

You can kinda tell that the bitcoin price is going up tomorrow, so buy now. Everyone on twitter is saying they'll buy, and I believe 'em. I'll join in on the craze and transfer a few of my solana over to bitcoin. Hoping for the best; as usual. 

Interesting how different exchanges have different sell prices for bitcoin...Doesn't that mean I can buy bitcoin for 36,099 at coinbasepro, and then sell it for 36,221 in bitstamp in the same minute? I believe it does mean that. That's known as bitcoin exchange arbitrage; the only problem is that you're more likely to lose money than make money because of all the fees that're associated with the purchase of bitcoin. Most exchanges have a rule of thumb where the fee they charge is 2%, but bigger exchanges like coinbase have it at 2.5% and even bigger exchanges like etoro have it at 3%-5% depending on your leverage. 

 A few more interesting stats to end this article on a positive note.

That's all for today guys, Cheers!