Bitcoin's Price Swings Spark $185 Million in Crypto Liquidations

Jul 30, 2024

Bitcoin experienced a volatile morning, reaching $70,000 before dropping below $67,000, leading to significant liquidations in the market. Over the past 24 hours, approximately $185 million worth of liquidations occurred, with Bitcoin-related positions being the most affected. Despite a minimal 1% decrease, the sudden rise and fall of BTC devastated crypto derivatives traders.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

Lastest News

see all