Bitcoin Price Plunge Below $60K Triggers Record Market Liquidations

The cryptocurrency market experienced a sudden increase in liquidations on Wednesday, as Bitcoin’s price fell below $60,000. CoinGlass data indicates that over 74,000 traders were liquidated within 24 hours, amounting to $208 million. Notably, $184 million of these were from long positions, with Ethereum investors facing $55.5 million in losses. This article dives into the

Source: CoinOtag