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Overleveraged Bitcoin bulls get crushed in $576M wipeout


Overleveraged Bitcoin bulls get crushed in $576M wipeout

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A fresh crypto sell-off triggered over $500 million in liquidations as the total digital-asset market cap fell more than 2% in the last 24 hours to about $2.53 trillion. Bitcoin alone lost roughly $55 billion of market cap in the move, underscoring short-term liquidity risk and downward pressure across crypto markets.

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Crypto bulls saw more than half a billion dollars wiped out in liquidations after the crypto market printed red indexes all around. The cumulative digital assets market cap dipped by more than 2% over the last 24 hours to hover around $2.53 trillion. Bitcoin saw $55 billion leave its market cap amid the fresh sell-off....
Read the article at CryptoPolitan

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In This News

Coins

$ 67.21K

-3.16%

Predictions Markets

See what traders are focused on

View analytics →
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Share: