Bitcoin Crash Triggers $300 Million in Liquidations as Price Plummets to $61,000

The cryptocurrency market experienced a significant downturn early on Monday, causing Bitcoin’s value to plunge by 5% to approximately $61,000. This unexpected drop resulted in a sharp increase in liquidations, reaching nearly $300 million within a 24-hour period as trading volume surged. Thousands of investors were affected, with many losing their leverage positions amid the

Source: CoinOtag