Bitcoin briefly fell below $80,000, triggering approximately $404.15 million in cryptocurrency long liquidations over four hours. The move coincided with heavy withdrawals from US spot Bitcoin exchange-traded funds (ETFs), adding to signs of caution among leveraged traders and some institutional investors. TL;DR $404.15 million in longs liquidated: Long positions accounted for most of the $436.44 […]
Bitcoin Slips Below $80,000 as $404 Million in Crypto Longs Are Liquidated
Bitcoin briefly fell below $80,000, triggering approximately $404.15 million in cryptocurrency long liquidations over four hours. The move coincided with heavy…
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Morning Minute: Robinhood Misses, But Crypto Beats and Robinhood Chain Soars
Vlad Tenev delivered the messaging that Robinhood Chain enthusiasts wanted to hear—and the market responded.
Google MPC Could Reshape Crypto Custody: Fireblocks Security Flaw Draws Attention
Google MPC targets institutional crypto custody as a Fireblocks MPC vulnerability highlights the risks facing digital asset security systems. The post Google MPC Could Reshape…
US Treasury Plans New Crypto Rules After CLARITY Act Setback
The US government isn’t waiting for Congress to settle the debate over cryptocurrency regulation. Speaking at Ripple’s Swell conference in New York on October 27, Treasury…