Bitcoin Plummets Below $54,000: Market Liquidations Surpass $670M

Bitcoin recently experienced a significant decline, dropping below $55,000 and now trading at approximately $54,200. The market downturn resulted in substantial liquidations, with $670 million liquidated across various exchanges. The most notable liquidation event occurred on Binance, where a large ETH/USDT order worth nearly $19 million was liquidated. Discover the factors contributing to Bitcoin’s unexpected

Source: CoinOtag