Over the past seven days, the cryptocurrency market has seen significant liquidation, with a total of nearly $2 billion lost in forced liquidations. This event was caused by a sharp drop in the price of Bitcoin, which fell below $85,000 and then dropped to around $81,600. This volatility caused panic among traders, especially those who had long-term positions. This situation indicates that traders are facing heavy losses due to sudden changes in the market, and the current sentiment suggests that they may face further challenges in the near future.$BTC
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Over the past seven days, the cryptocurrency market has seen significant liquidation, with a total of nearly $2 billion lost in forced liquidations. This event was caused by a sharp drop in the price of Bitcoin, which fell below $85,000 and then dropped to around $81,600. This volatility caused panic among traders, especially those who had long-term positions. This situation indicates that traders are facing heavy losses due to sudden changes in the market, and the current sentiment suggests that they may face further challenges in the near future.$BTC