Liquidations Shoot Above $1 Billion as Bitcoin (BTC) Breaks Down to $90K

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Bitcoin’s price troubles continued in the past 24 hours as the asset plunged to its lowest position since January 13 of just over $90,000. Thus, the cryptocurrency has lost over nine grand since Friday’s peak. The total value of liquidated positions is expectedly on the rise, surpassing the $1 billion mark. Naturally, long positions dominate. BTCUSD. Source: TradingView Recall that the primary cryptocurrency was climbing steadily last Friday and tapped a weekly peak of $99,500 following positive...