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Bitcoin Liquidations Surge With S&P 500 Fall, 75% Crash Likely? Coingape 3 weeks ago

Bitcoin Liquidations Surge With S&P 500 Fall, 75% Crash Likely? 📉

USA Bitcoin S&P 500

It has been a bloodbath on Wall Street on Tuesday, with top US indices like the S&P 500 correcting more than 2%.

The Bitcoin price is also facing strong correction, dropping another 4.5% and moving to $56,500 levels, leading to a surge in the BTC long liquidations.

Bitcoin liquidations are surging amidst the market downturn, raising concerns of a potential 75% crash in Bitcoin’s value.

Source: coingape.com ↗

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