𝕏xSE first seen 8 h ago, last 8 h ago, peak #33
Bitcoin Plunges Below $84,000 in Liquidation Wave
Original: Bitcoin Drops Below $84,000 in 20-Minute Liquidation Wave
Bitcoin fell below $84,000 after a sharp sell-off that traders describe as a 20-minute liquidation wave, forcing the closure of leveraged positions and amplifying the price drop. Market watchers report heavy activity on crypto exchanges as leveraged long positions were wiped out. The move adds to pressure on a market already nervous about broader risk sentiment.
Why now: The sudden, rapid price drop and mass liquidations are prompting widespread reaction from traders and investors.
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