Bitcoin Traders Defend $62,000 Support as $171M Liquidation Wave Hits Top Crypto
price
Bitcoin slid about 3.6% in 24 hours to an intraday low of $61,860 before finding support just above $62,000, amid roughly $171M in liquidations. The dip trimmed Bitcoin’s market cap to about $1.25 trillion and shaved nearly 3% off total crypto market capitalization. Short-term risk is elevated as leverage-driven liquidations amplify volatility; holding $62k is critical to avoid a larger cascade.
DYOR - Single Source
This feed has limited sources. Do your own research before making decisions.
Sources (1)
AI Research
AI deep dive is generated automatically for verified feeds.