Bitcoin Value Crashes Below $61,000 Triggering Major Liquidations and Market Concerns

Bitcoin experienced a sharp decline, falling below the $61,000 mark, causing over $122 million in long position liquidations. This major price movement has raised concerns regarding Bitcoin’s volatility and future stability. Recent data from CoinGlass indicates a troubling trend, with significant implications for traders and the broader market. Bitcoin plunges below $61,000, sparking significant liquidations

Source: CoinOtag