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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

$63,678.01

+2.69%

$63,678.01

+2.69%

(24s)

24h Volume

$24,442,168,506.64

24h H/L

$64,700.00 / $61,306.84

Change: $3,393.16 (5.53%)

Long/Short

64.5%

Long: 64.5%Short: 35.5%

Funding Rate

+0.0059%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,178.01

▼ -1.35%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,555.39

Resistance 1$63,798.97

Price$63,178.01

Support 1$61,912.75

Support 2$57,800.19

Support 3$50,986.64

Pivot (PP):$63,430.67

Trend:Downtrend

RSI (14):49.6

CryptoSlate Editorial

(03:10 PM UTC)

1 min read

Reviewed byDavid Kim

524 views

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…

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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CryptoSlate Editorial · CryptoSlate

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