Bitcoin’s price fell below $68,000 for the first time in nearly two months. The crypto market recorded a massive $326 million in liquidation in one hour. Multiple factors contributed to Tuesd
Bitcoin experienced a significant decline on Tuesday, with the price falling below $68,000 for the first time since the first week of April. The drop reflects a continuation of the cryptocurrency’s pullback since reaching the $82,000 threshold at the beginning of May.
Market data reveals that total cryptocurrency liquidations over the past hour reached $326 million across major exchanges, with $1.67 million of Bitcoin futures constituting part of that liquidation. CoinGlass data shows that $7.55 million in Bitcoin long positions were wiped out in the past hour, while $2.66 million of short …
Read The Full Article Bitcoin Falls Below $68,000, $326 Million Liquidated in 1 Hour On Coin Edition.
