Bitcoin Falls Below $81K as Liquidations Hit $1.1B
Traders moved 55,000 BTC to exchanges at a loss as Bitcoin fell below $81,000 and crypto liquidations reached $1.1 billion, Cointelegraph reported.
Bitcoin dropped below $81,000 amid a wave of liquidations across the cryptocurrency market, according to Cointelegraph.
The report put total crypto liquidations at $1.1 billion as prices declined.
Bitcoin speculators transferred 55,000 BTC to exchanges at a loss during the downturn. The transfers coincided with the market sell-off but do not, by themselves, confirm completed sales.
Source: Cointelegraph
