The crypto market experienced a liquidation of over 272 million dollars in the last 24 hours. Bitcoin (BTC) was the most affected crypto asset by these liquidations, with nearly 78 million dollars liquidated, including about 44 million from long positions. This increase in cryptocurrency liquidations is linked to the stock market volatility. Indeed, the price of certain stocks has recently seen a significant drop. The S&P 500 had its worst session in nearly two years.
The crypto market experienced a liquidation of over 272 million dollars in the last 24 hours. Bitcoin (BTC) was the most affected crypto asset by these liquidations, with nearly 78 million dollars liquidated, including about 44 million from long positions. This increase in cryptocurrency liquidations is linked to the stock market volatility. Indeed, the price of certain stocks has recently seen a significant drop. The S&P 500 had its worst session in nearly two years.