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via CryptoSlate · By CryptoSlate Editorial

Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour

BTC

BTC/USDT

$79,954.00

+0.29%

$79,954.00

+0.29%

(24s)

24h Volume

$6,324,493,883.23

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.9%

Long: 52.9%Short: 47.0%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$80,032.26

▲ 0.47%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$80,032.26

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.2

CryptoSlate Editorial

(03:10 PM UTC)

1 min read

Reviewed byDavid Kim

0 comments

Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move.

Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since April. The decline pushed the largest digital…

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CryptoSlate Editorial · CryptoSlate

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