Bitcoin (BTC), the top digital asset, hovers near the $60,000 mark, despite a recent rally that pushed it past this level. The cryptocurrency aims to overcome the $64,000 resistance zone, but billions in liquidations loom.
Data from Coinglass's Bitcoin Exchange Liquidation Map reveals that if BTC falls below the $60,000 price level, approximately $2.17 billion in liquidations could occur. Traders and investors are closely watching these critical price points to determine Bitcoin's next move.
