Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter
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The crypto market is in a state of panic following a dramatic crash in Bitcoin prices, which fell below $57,000. This led to over 105,000 traders being liquidated and resulted in $292.8 million in losses within the last day, with long traders suffering the most. Major exchanges like Binance, OKX, and Huobi saw significant liquidation volumes. Despite the turmoil, Bitcoin trading volumes have surged 50%, indicating possible support for recovery.
Source: www.newsbtc.com ↗
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