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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
$64,201.25
+0.76%
$64,201.25
+0.76%
(24s)24h Volume
$24,528,702,934.85
24h H/L
$64,700.00 / $61,306.84
Change: $3,393.16 (5.53%)
Long/Short
59.5%
Long: 59.5%Short: 40.5%
Funding Rate
+0.0064%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(02:13 AM UTC)
1 min read
884 views
0 commentsPresto 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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COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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