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via CoinDesk · By CoinDesk Staff

Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated

BTC

BTC/USDT

$84,056.77

-0.09%

$84,056.77

-0.09%

(24s)

24h Volume

$15,205,352,466.26

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

CoinDesk Staff

(02:11 AM UTC)

1 min read

Updated byJames Mitchell

0 comments

Panic has crept back into the crypto market, as bitcoin continues its decline to $62,000, spurring demand for options bets that protect against potential price losses below $50,000.

In the past 24 hours, the $50,000 strike put expiring on June 26 is the most traded bet on Deribit, the world's largest crypto options exchange by volume. A put option offers insurance against price losses in the…

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CoinDesk Staff · CoinDesk

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