---
title: "Bitcoin eyes $58K CME gap next as 8% BTC price rout sees longs 'rekt'"
url: https://diffcoin.com/bitcoin-eyes-58k-cme-gap-next-as-8-btc-price-rout-sees-longs-rekt/
description: "BTC price weakness takes the market below $59,000 for the first time since mid-July as \"relentless\" Bitcoin selling pressure persists. Source link"
published: 2024-08-04
updated: 2024-08-04
author: "Mila"
site: "Diffcoin"
---

# Bitcoin eyes $58K CME gap next as 8% BTC price rout sees longs 'rekt'

BTC price weakness takes the market below $59,000 for the first time since mid-July as “relentless” Bitcoin selling pressure persists.

[Source link](https://cointelegraph.com/news/bitcoin-58k-cme-gap-8-btc-price-rout-longs-rekt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)