Live markets: Bitcoin slips below $63,000 in an Asian-session leverage flush

CoinDesk·

Live markets: Bitcoin slips below $63,000 in an Asian-session leverage flush

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Bitcoin is currently trading below $63,000 as Asian-session leverage flushes occur, with minor liquidations reported at about a sixth of the market's worst 30-day levels, according to CoinGlass data. This movement is relatively tame compared to previous market downturns, suggesting a more stable market environment, with investors cautiously watching for further price fluctuations.

The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass.