May 11, 2025

Bitcoin Bloodbath Triggers $374M Liquidation Surge: What’s Next for Crypto?

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The post Bitcoin Bloodbath Triggers $374M Liquidation Surge: What’s Next for Crypto? appeared first on Coinpedia Fintech News The cryptocurrency market experienced a sharp increase in liquidations on Wednesday, triggered by Bitcoin’s significant price drop below the $60,000 mark. In the past 24 hours, a total of 132,091 traders were liquidated, resulting in total losses amounting to $374.81 million. Bitcoin’s Sharp Decline Bitcoin, the flagship cryptocurrency, faced intense selling pressure, plummeting below $60,000 …

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