The cryptocurrency market remains volatile, with the battle between buyers and sellers intensifying. Following yesterday's rebound, most coins are in the red, erasing recent gains.
- Derivatives liquidations have risen to $230 million.
- The US Bankruptcy Court approved FTX's reorganization plan, recovering between $14.7 and $16.5 billion for creditors.
📉 Bitcoin fell to $62,000, with $60 million in positions liquidated in 24 hours.
What do you think about this volatility? Comment below!