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Bitcoin Slips Below $101K as $700M in Liquidations Rock Crypto Market

Bitcoin is trading at $101,645, down 2.79% over the past 24 hours, while ethereum follows at $2,432, marking a 2.9% daily decline. The downward movement coincides with a cascade of liquidations across the crypto derivati...

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Bitcoin Slips Below $101K as $700M in Liquidations Rock Crypto Market
Bitcoin is trading at $101,645, down 2.79% over the past 24 hours, while ethereum follows at $2,432, marking a 2.9% daily decline. The downward movement coincides with a cascade of liquidations across the crypto derivatives market. Over the last 24 hours, a total of $699.71 million in leveraged positions were wiped out, with long traders […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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