Bitcoin's recent downturn has resulted in a major market impact, with the cryptocurrency's value slipping below the $91,000 mark. This drop led to a significant liquidation event, where $581 million in derivatives vanished.
The broader crypto market has not remained untouched, experiencing a 3.24% decline. This reduction has decreased the total market value to $3.16 trillion as of Tuesday afternoon.
Among specific losses, Bitcoin longs faced substantial liquidation, with $113 million wiped out, leaving traders considerably affected.
Булак: news.bitcoin.com ↗