The financial markets faced a significant slump, losing $1 billion in value. Over 74,729 crypto traders were liquidated in just 24 hours, contributing to a total liquidation value of $1.04 billion. This massive liquidation event underscores the volatility and risks inherent in the cryptocurrency market.
Bitcoin (BTC) was at the forefront of this liquidation wave, driving the substantial financial loss. This chaotic market activity has sparked concern and attention among traders and investors alike.
The post detailing this information appeared first on COINOTAG NEWS, highlighting the significant turbulence and its impact on the broader crypto market.