Crypto Market Liquidations Top $197 Million As Bitcoin Price Plunges Below $60,000
📉
Bitcoin's price fell below $60,000 briefly, causing significant market liquidations worth $197 million within 24 hours. This decline shows the ongoing uncertainty in the crypto market, with traders remaining cautious.
The liquidation spike followed the news of Genesis Global Capital's repayments, which added more Bitcoin and Ethereum into the market. This has led to a bearish sentiment not only for Bitcoin and Ethereum but also for other cryptocurrencies.
Ethereum experienced the highest amount of liquidations with $57.22 million, followed by Bitcoin at $46.19 million and Solana at $15.35 million. Most liquidations occurred on exchanges like Binance, OKX, and Bybit.
Historically, the crypto market has witnessed large liquidations during bearish trends. Recent developments suggest this trend may continue as Bitcoin struggles to hold above $60,000.
Spot Bitcoin ETFs, usually a catalyst for price surges, ended last week negatively with $237.4 million in outflows, the highest since May 1.
Source: www.newsbtc.com ↗
Похожие статьи (69)
Bitcoin price eyes 'relief rally' to $61K after downside liquidation wipeout
Bitcoin Newcomers Face 93% Unrealized Losses Echoing FTX Collapse
Bitcoin Price Briefly Dips Below $50K, Liquidations Top $1B in 24 Hours
Crypto Liquidations Top $1 Billion After Bitcoin Dives Below $50K
Bitcoin Price Prediction as Crash Below $50,000 Wipes Out $1 Billion in Leveraged Longs
Crypto Liquidations Cross $1 Billion As Bitcoin Crashes To $51,000
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 Dump Liquidates $1,000,000,000 As BTC Investors Join New Cryptocurrency
Bitcoin (BTC) loses $6,000 in 48 hours - high volatility continues
Bitcoin Price Plunge Triggers Largest Long Position Liquidation In Months
Crypto Carnage: Longs Suffer $293 Million Wipeout As Bitcoin Crashes To $59,000
Bitcoin (BTC): Here’s How To Profit During BTC Price Dump, 1 Billion Liquidated In BTC Crash
$193M In Crypto Longs Bite The Dust As Bitcoin & Co. Go Volatile
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!
Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K
Exposed: The Real Impact of Crypto Liquidations
Bitcoin’s $60,000 breach triggers $48M in short liquidations – More to come?
Bitcoin subject to massive short liquidations: What happens now?
Crypto Traders See $160 Million In Liquidations As Bitcoin Falls Below $58K
Why are crypto markets crashing? Liquidations hit $1B in 24 hours!
Crypto Market Crash: Over $161 Million Liquidated as Bitcoin Price Dips Further
Bitcoin Plunges Below $62 000 as Crypto Bulls See $290 Million Liquidations
Bitcoin Drops 6%, Crypto Liquidations Hit $314M, What’s Next for Market?
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
Crypto Market Crash Amid $300M Liquidation Surge and OI Crash
Crypto Update: Market Loses $800 Million, Bitcoin Below $53K
Crypto Market Bloodbath: Over $800 Million Liquidated, Bitcoin Drops 10%
Crypto Sell-Off Leads to $100 Million Liquidation
Bitcoin Sees Significant Price Plunge
Two Levels in Bitcoin Are Critical: Cumulative Liquidations Could Go As High As $665 Million
Bitcoin Faces Major Liquidation Risk
Bitcoin Drops Below $53K, $600M Liquidated – Perfect Time to Recharge Your Portfolio with Discounted Cryptos
Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes
Crypto Market Faced $1 Billion Liquidation: Experts Share Insights on What Comes Next
Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders
Sudden Drop In Cryptocurrencies Trigger $313 Million Liquidations, BTC Drops To $58K
Cryptocurrency market: today prices are down and strong liquidations
Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
Bitcoin’s harsh drop triggers $142M in liquidations – What now?
Bitcoin Faces Potential Liquidation Risk at Key Price Levels
Bitcoin’s Price Movements Impact the Market Significantly
Market Speculators Face Intense Pressure as Bitcoin Liquidations Reach $365 Million
Bitcoin Price Movements: $56K Triggering $487M Long Liquidations, $60K Leading to $526M Short Liquidations
Bitcoin Leads Crypto Market in $256 Million Derivatives Liquidation Amid Volatility
Bitcoin’s (BTC) Price Plunge to $60.5K Triggers $290M in Liquidations Amid Market Volatility
Bitcoin Plunges 14% Amid Recession Fears: $1 Billion Liquidations Shake Crypto Market
Bitcoin (BTC) Faces Largest Decline in Four Months, Leading to $142 Million in Liquidations
Bitcoin Price Plummets Amid Global Market Turmoil, Crypto Liquidations Top $800M
Bitcoin Price Crashes to $53,000 Amid Major Market Liquidations
Bitcoin Price Plummets to $52,500 Amid Sudden Crypto Market Crash, $600M in Long Positions Liquidated
Bitcoin (BTC) Crashes Below $50,000 Amidst $1 Billion Liquidation Frenzy
Bitcoin’s Plunge to $49,000 Triggers $1 Billion in Futures Liquidations
Bitcoin Plummets to $50,850 Amid $800 Million Crypto Liquidation: Is This a Bear Trap?
Bitcoin’s Staggering Drop Triggers $1 Billion Liquidation as Crypto Market Crashes
Bitcoin Faces Steep Decline: Liquidation Volume Peaks as Price Nears $50,000
Bitcoin Price Crashes Below $50,000 Amid $1B Market Liquidation
Bitcoin (BTC) Leads $1 Billion Crypto Liquidation as Market Chaos Unfolds
Bitcoin Faces Record-Breaking Long Position Liquidation Amid Market Turbulence
Bitcoin Price Crashes Below $57K Amidst $200M+ Liquidations, Stock Market Soars
Bitcoin Price Plummets to $59K Amid $130M Liquidations, Market Turns Red
Bitcoin’s Looming $60K Barrier Set to Ignite Massive Market Volatility
Bitcoin Price Plunge Below $60,000: Market Liquidations and Volatility Ahead
Bitcoin Price Plummets Amid Crypto Market Crash and $320 Million Liquidation
Bitcoin Faces Potential 75% Crash as Market Liquidations Surge Amid Wall Street Turmoil
Bitcoin Sees $45 Million in Liquidations Amid Market Volatility and Potential Bullish Trends
