May 5, 2025

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K

1 min read

Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just 24 hours and $1.5 billion in crypto derivatives positions vanishing. Bitcoin (BTC) found itself hanging on between $96,800 and $97,000 per coin, though it briefly plummeted to $94,249, setting off the turmoil. Bitcoin Flash Crash Causes

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Source: Bitcoin.com

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