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via CoinDesk · By CoinDesk Staff

Bitcoin drops below $62,000 as $1.5 billion in crypto longs get wiped out

BTC

BTC/USDT

$62,984.64

-0.05%

$62,984.64

-0.05%

(24s)

24h Volume

$2,179,446,706.66

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,072.43

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.62

Resistance 1$63,121.09

Price$63,072.43

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

CoinDesk Staff

(02:13 AM UTC)

1 min read

Updated byEmily Watson

0 comments

Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

Bitcoin plunged below $62,000 Thursday morning Hong Kong time, triggering more than $1.5 billion in leveraged crypto liquidations over the past 24 hours as a wave of forced selling accelerated the market's steepest decline in months.

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Source

CoinDesk Staff · CoinDesk

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