Volatile Bitcoin Movement Causes $118M in Crypto Liquidations

On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid Rise and Fall Triggers Major Liquidations in Crypto Economy Bitcoin […]

Jun 20, 2024 - 23:00
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Volatile Bitcoin Movement Causes $118M in Crypto Liquidations
On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid Rise and Fall Triggers Major Liquidations in Crypto Economy Bitcoin […]

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