Bitcoin Slips Below $101K as $700M in Liquidations Rock Crypto Market 📉
Bitcoin has slipped to a trading price of $101,645, marking a 2.79% decrease in the last 24 hours. Ethereum also experienced a decline, currently priced at $2,432 with a 2.9% drop. This downward trend is attributed to a series of liquidations affecting the crypto derivatives market.
In total, $699.71 million in leveraged crypto positions have been liquidated over the past day, impacting mainly long traders.
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