Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs

Data shows bullish bets related to Bitcoin have suffered a massive amount of liquidations as the asset’s price has plunged below the $70,000 mark. Bitcoin Falls Below $70,000 For The First Time Since April Following up on the bearish tone set during the second half of May, Bitcoin has opened June with another drawdown as… Continue reading Bitcoin Bulls Crushed: Sub-$70,000 Crash Flushes $428M In Longs

Bitcoin In Stalemate With Liquidation Traps On Both Sides Of The Market

Bitcoin prices climbed by 5.07% in the past week to hit a local peak of $108,000 before experiencing a solid rejection. Since then, the leading cryptocurrency has remained in the $106,000 – $107,000 range showing no indications of a breakout in either market direction.  Amidst this market consolidation, renowned crypto analyst with X username KillaXBT… Continue reading Bitcoin In Stalemate With Liquidation Traps On Both Sides Of The Market

Bitcoin Flash Crash Causes $710 Million In Crypto Long Liquidations

Data shows the cryptocurrency derivatives market has suffered a massive amount of liquidations after the Bitcoin flash crash during the past 24 hours. Bitcoin Has Witnessed Significant Volatility During The Last Day BTC has displayed some wild price action in the past day, with both a high of $103,500 and a low $90,500 occurring inside… Continue reading Bitcoin Flash Crash Causes $710 Million In Crypto Long Liquidations