Mass Liquidation: 250,000 Traders Hit as Bitcoin Falls Below $100K

Description

Bitcoin’s weekend took a wrong turn in the past 12 hours or so as the asset plunged below $100,000 for the first time since the Monday crash. As expected, the altcoins have turned red as well, with substantial losses from the likes of LINK, SOL, AVAX, DOGE, and others. BTCUSD. Source: TradingView Recall that the primary cryptocurrency had a strong end for the business week and, subsequently, the month , as its price stood above $105,000 and even challenged $106,000 on a couple of occasions. Howe...