via Cointelegraph · By Cointelegraph Staff
Over $600M in Bitcoin Longs Liquidated As BTC Price Nears $60K
BTC/USDT
$8,275,660,815.95
$63,461.99 / $62,436.59
Change: $1,025.40 (1.64%)
+0.0030%
Longs pay
Bitcoin’s (BTC) brief plunge toward the $60,000 area triggered more than $600 million in long liquidations, raising doubts over whether the latest rebound marks a real bottom or only a relief bounce after a leverage flush.
BTC price may rebound toward $70,000 next
BTC fell to roughly $61,300 on Thursday before recovering 5.52% to around $64,690, with the rebound coinciding with reports that Israel…
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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