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Bitcoin’s Sharp Descent Sparks $132M in Liquidations Amid Market Volatility

On Sunday, bitcoin’s price slid to an intraday low of $101,957 after reaching an earlier high of $105,424. This downturn set off the liquidation of more than $128 million in bitcoin long positions across crypto derivativ...

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Bitcoin’s Sharp Descent Sparks $132M in Liquidations Amid Market Volatility
On Sunday, bitcoin’s price slid to an intraday low of $101,957 after reaching an earlier high of $105,424. This downturn set off the liquidation of more than $128 million in bitcoin long positions across crypto derivatives markets within a four-hour window. Bitcoin Plummets from $105K High As of 8 p.m. ET, the cryptocurrency market maintains […]

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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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