Crypto's worst two-day liquidation in months deepens as investors chase the AI trade elsewhere

CoinDesk Staff

(11:02 AM UTC)

1 min read

Bitcoin steadies above $60,000 while derivatives send an unambiguous warning

BTC crashed to $61,300 before recovering to $62,500 with $3 billion in liquidations over two days. Traders loaded up on $60,000 puts in anticipation of further declines.

Bitcoin price (CoinDesk Data)

What to know:

Bitcoin plunged to $61,300 before recovering to around $62,500, contributing to $3 billion in liquidations over…

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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