$100 Million Lost in One Hour: Bitcoin Drops Spark Rampaging Liquidations

Bitcoin price analysis. Photo by BeInCrypto Retail Bitcoin traders made themselves heard today, causing $700 million in crypto liquidations. The price of BTC fell by around $4,000 as on-chain activity spiked, even though institutions kept buying. Whether or not BTC keeps dropping or recovers soon, we need to pay attention to these dynamics. Corporate liquidity is very influential in the market, but it's not the final arbiter of price. Bitcoin Causes Surprise Liquidations When Bitcoin hit two successive ...