Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders
📈
The crypto economy saw a significant boost over the last 24 hours, growing by 5.6% and reaching a market cap of $2.07 trillion by Thursday. Bitcoin's price surged past $59,800, and Ethereum also climbed above $2,500 per coin. This rapid ascent on August 8 led to a massive $212.59 million in derivatives liquidations across the entire crypto market within the last day.
The impressive growth demonstrates the high volatility and trading activity within the cryptocurrency space. Traders were both thrilled by the gains and rattled by the large-scale liquidations, a common phenomenon in such swiftly-moving markets. This event underscores the double-edged sword nature of investing in cryptocurrencies, where substantial profits and losses often go hand in hand.
Source: news.bitcoin.com ↗
Articles similaires (40)
Bitcoin price eyes 'relief rally' to $61K after downside liquidation wipeout
Bitcoin Newcomers Face 93% Unrealized Losses Echoing FTX Collapse
Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000
$170 Million In Crypto Longs Bite The Dust As Bitcoin Plunges Under $57,000
Bitcoin (BTC) loses $6,000 in 48 hours - high volatility continues
Crypto Carnage: Longs Suffer $293 Million Wipeout As Bitcoin Crashes To $59,000
Bitcoin Price Plunge Triggers Largest Long Position Liquidation In Months
Crypto Traders See $160 Million In Liquidations As Bitcoin Falls Below $58K
Bitcoin Faces Major Liquidation Risk
Bitcoin Drops Below $53K, $600M Liquidated – Perfect Time to Recharge Your Portfolio with Discounted Cryptos
Crypto Market Faced $1 Billion Liquidation: Experts Share Insights on What Comes Next
Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
Crypto Market Crash Amid $300M Liquidation Surge and OI Crash
Crypto Market Crash: Over $161 Million Liquidated as Bitcoin Price Dips Further
Exposed: The Real Impact of Crypto Liquidations
Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K
Crypto Sell-Off Leads to $100 Million Liquidation
Bitcoin Liquidations Surge With S&P 500 Fall, 75% Crash Likely?
Bitcoin Faces Potential Liquidation Risks
Is Bitcoin Price Correction Over After $300M Liquidations & Worrying US Jobs Data?
Two Levels Are Critical in Bitcoin: Half a Billion Dollars in Loss Possible!
Bitcoin at a Crossroads: $60K Support vs. $2 Billion Liquidations
Bitcoin’s $60,000 breach triggers $48M in short liquidations – More to come?
Bitcoin subject to massive short liquidations: What happens now?
Cryptocurrency market: today prices are down and strong liquidations
Bitcoin Drops 6%, Crypto Liquidations Hit $314M, What’s Next for Market?
Sudden Drop In Cryptocurrencies Trigger $313 Million Liquidations, BTC Drops To $58K
Two Levels in Bitcoin Are Critical: Cumulative Liquidations Could Go As High As $665 Million
Bitcoin’s Price Movements Impact the Market Significantly
Market Speculators Face Intense Pressure as Bitcoin Liquidations Reach $365 Million
Bitcoin Faces Potential Liquidation Risk at Key Price Levels
Bitcoin Price Plunge Below $60,000: Market Liquidations and Volatility Ahead
Bitcoin Sees $45 Million in Liquidations Amid Market Volatility and Potential Bullish Trends
Bitcoin Faces Record-Breaking Long Position Liquidation Amid Market Turbulence
Bitcoin Price Movements: $56K Triggering $487M Long Liquidations, $60K Leading to $526M Short Liquidations
Bitcoin Price Plummets Amid Crypto Market Crash and $320 Million Liquidation
Bitcoin Price Plummets to $59K Amid $130M Liquidations, Market Turns Red
Bitcoin Faces Potential 75% Crash as Market Liquidations Surge Amid Wall Street Turmoil
Bitcoin’s Looming $60K Barrier Set to Ignite Massive Market Volatility
Bitcoin Price Crashes Below $57K Amidst $200M+ Liquidations, Stock Market Soars
