Bitcoin’s Massive Plunge Toward $61K Leaves Over $1.6B in Liquidations

Bitcoin’s Massive Plunge Toward $61K Leaves Over $1.6B in Liquidations

Bitcoin’s price decline from earlier this week was not a one-time thing, as the asset’s troubles intensified in the past 12 hours or so with another fresh nosedive to a multi-month low.

BTC dragged most alts with it, liquidating more than 270,000 over-leveraged traders in the process.

Read more: cryptopotato.com