Bitcoin’s crash to $65K triggers $1.8B in crypto liquidations
Bitcoin’s drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.
Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war.
Key takeaways:
Data from TradingView showed new BTC price lows of $65,362 on Bitstamp, the lowest since March 29 as sellers stayed in control.