Bitcoin's crash to $65K triggers $1.8B in crypto liquidations
CoinTelegraph·
60-second summary
Bitcoin's sudden drop to $65,000 triggers over $1.8 billion in crypto liquidations as traders scramble to cut losses. Market makers are bracing for a test of $60,000 as support, a level that could determine the cryptocurrency's trajectory. The massive liquidation wave underscores the volatility of the market, with investors on high alert for potential further price drops.
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.