US EditionBitcoin Falls Below $80,000, Down 5% Over Past 24 Hours
Bitcoin dropped 5% triggering $1.6 billion in liquidations and losses in other cryptocurrencies during thin weekend trading amid geopolitical and political tensions.
10 Articles
10 Articles
Bitcoin plunges under $81,000 — where is the world’s top crypto heading?
Bitcoin price dropped under $81,000 as market fear increased. Global tensions, U.S. political uncertainty, and low weekend trading pushed investors away from risky assets. Interest in Bitcoin ETFs also slowed, adding pressure. Traders are now watching key price levels to see if buyers return or if selling continues.
Bitcoin Crashes To $81K - Technical Analysis Shows Critical Support Levels
A massive drop made its way through the crypto market after Bitcoin’s crash to $81,000 on Thursday night. Within just 24 hours, Bitcoin experienced a staggering decline of nearly $10,000 in value. In a stunning turn of events, the liquidation of over $777 million in leveraged long positions within a single hour triggered a domino effect, amplifying the downturn and sending shockwaves across the digital asset landscape. Understanding the Forces B…
Bitcoin Holds Near $81,000 as Liquidation Hunt Sweeps Crypto Markets
Key takeaways Price action is being driven by forced liquidations, not fundamentals Low liquidity amplified downside moves across majors Long positions absorbed the vast majority of liquidations Thin order books and heightened uncertainty have allowed relatively small price declines to cascade into widespread forced selling, pushing major assets sharply lower over a short time frame. Broader market conditions have added fuel to the move. Instit…
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