Bitcoin's Dip Under $65K Pushes Crypto Liquidations to $500M

Bitcoin's sharp pullback on Monday triggered a flurry of liquidations across crypto markets, wiping out over $470 million in leveraged positions. The leading cryptocurrency fell roughly 4.6% from $67,600 to $64,435 in less than two hours during early Asian trading, according to CoinGecko data. The sudden collapse has resulted in over $505 million in liquidated positions across all assets over the past 24 hours, per CoinGlass data, with Bitcoin accounting for $232 million and Ethereum for $126 million. B ...