$BTC $ETH Bitcoin plummeted by $5,000 in 15 minutes! More than 250,000 people were liquidated, "money evaporated faster than water"

The virtual currency market staged another terrifying night.

Following the virtual currency market's heavy losses on April 13, the price of Bitcoin crashed again on April 14, Beijing time, and once fell below the integer mark of $60,000 per coin, with a 24-hour drop of more than 7%. Starting at 4 a.m. on the 14th, the scene that investors in the currency circle feared the most appeared: the liquidation text messages on the mobile phone continued, and the price of Bitcoin plummeted by $5,000 (about RMB 36,187) in 15 minutes, causing a large number of investors who were bullish on contracts to be liquidated during the trading session.

A person who was liquidated in an extreme market told a reporter from China Securities Journal: "Bitcoin has been repeatedly switching between soaring and plummeting recently. Excessive prices make Bitcoin dangerous. Market sentiment reversals often happen in an instant, and money evaporates faster than water."

As of press time, the price of Bitcoin continued to fluctuate, temporarily reporting $62,649 per coin, with a 24-hour drop of more than 9%.

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