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Bitcoin Record highs, sharp drops, and rapid recovery trigger | Crypto | Bitcoin | Blockchain

Bitcoin Record highs, sharp drops, and rapid recovery trigger $1 billion market liquidation

In an extraordinary 24-hour period, Bitcoin soared to a new all-time peak of around $69,200, then experienced a rapid sell-off, dropping the price to near $59,500. Following this tumultuous drop, Bitcoin has since rebounded and is now stabilizing at approximately $67,000. This precarious and sudden market volatility triggered a widespread liquidation event within the digital asset ecosystem, amounting to nearly $1.15 billion, according to CoinGlass.

Source

https://t.me/Crypto_Bitcoin_Blockchain