5 godz. temu
Bitcoin Drops 4.5% to $85.7K as $652M in Liquidations Hit Crypto Markets
On 16 December, Bitcoin fell 4.5% to an intraday low of $85.7k before rebounding to $86.5k, while broader crypto market capitalization slipped 4.4%. Over the same 24-hour window, $652 million in crypto positions were liquidated, with Ethereum seeing $233.5 million in liquidations against Bitcoin's $184.8 million, as rising Open Interest and leverage pointed to elevated volatility and downside risk.