Crypto Liquidations Top $1 Billion as Bitcoin Tests 11-Week Low
Summary
The cryptocurrency derivatives market suffered over one billion dollars in liquidations as Bitcoin dropped toward an eleven-week low. The decline in digital assets followed a sharp downturn in shares of artificial intelligence companies.
Bitcoin fell toward $75,500 after AI stocks plunged, and over $1 billion in the crypto derivatives market has been wiped out.
Source: Read the full story at Decrypt
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