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June 15: Bitcoin at $20,000, MicroStrategy margin call, Coinbase layoffs, Celsius crisis, Bored Apes battered, screaming traders

EPISODE · Jun 15, 2022 · 11 MIN

June 15: Bitcoin at $20,000, MicroStrategy margin call, Coinbase layoffs, Celsius crisis, Bored Apes battered, screaming traders

from Crypto Today

On today's CoinMarketRecap podcast with Connor Sephton, Bitcoin's search for the bottom continues… and it's on the brink of falling below $20,000. MicroStrategy says it's determined to "hodl through adversity" as the company faces a margin call on a $205 million loan. Coinbase announces it's laying off 1,100 workers after growing too quickly... as Binance plans to ramp up hiring. Celsius reportedly hires restructuring lawyers as it fights for survival... and users face a nervous wait to see if they'll get any of their crypto back. Plus, the NFT market takes a beating as Bored Apes plunge to their lowest level in almost a year — and the traders relying on an unusual type of therapy to relieve stress as the bear market continues to get worse. Follow us on Twitter — @ConnorSephton and @CoinMarketCap.

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June 15: Bitcoin at $20,000, MicroStrategy margin call, Coinbase layoffs, Celsius crisis, Bored Apes battered, screaming traders

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