Crypto Market Sees $250M in Liquidations Ahead of U.S. GDP Release

The broader crypto market is facing yet another selling pressure, with daily liquidations soaring past $250 million ahead of the US GDP data release on Dec. 23. After the rejection at $90,000, Bitcoin price is down 2.4% as of press time and is currently trading at $87,546. Ethereum and other altcoins have also corrected by a similar magnitude as market volatility picks up. Crypto Market Faces Heightened Volatility Ahead of U.S. GDP Data The overall crypto market cap has dropped 2.46% to $2.96 trillion ...