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via Cointelegraph · By Cointelegraph Staff
Bitcoin Price Crash to $65K Sparks $1.8B Crypto Liquidation Bloodbath
BTC
BTC/USDT
$65,704.82
-0.45%
$65,704.82
-0.45%
(24s)24h Volume
$11,722,983,461.98
24h H/L
$66,384.00 / $65,351.02
Change: $1,032.98 (1.58%)
Long/Short
58.6%
Long: 58.6%Short: 41.4%
Funding Rate
-0.0012%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:48 AM UTC)
1 min read
1404 views
0 commentsBitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war.
Key takeaways:
- Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs.
- Traders say Bitcoin needs to hold $60,000 as support to avoid a deeper correction in BTC price.
Bitcoin wipes out longs in tumble…
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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