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Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over | Crypto Box Shilling - Memecoin

Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours

The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit.

In the wake of this downturn, the crypto derivatives markets saw the liquidation of bitcoin long positions amounting to $135.3 million wiped out.