Bitcoin Bloodbath: $370M Liquidations as Corporates Defend $60K

Bitcoin markets suffered a severe deleveraging event overnight, with over $370 million in forced liquidations flushing out leveraged longs as prices tumbled toward the $60,000 threshold. While retail traders capitulated under the pressure of the sudden crypto market crash, corporate treasuries, led by aggressive accumulators like Metaplanet, stepped in to absorb the selling pressure. The immediate direction of the market now hinges on whether bulls can defend the critical $60,000 level, a psychological a ...