Liquidations Hit $480M In a Hour as Bitcoin Plunges Below $81K
📉 Bitcoin has dropped below $81,000 for the first time since September 21, leading to a surge in liquidations exceeding $480 million in just one hour.
💔 The sudden crash of BTC by $2,000 in 20 minutes was triggered by the US government's transfer of crypto holdings to Coinbase Prime, causing a ripple effect across the market.
🔄 Altcoins like ETH and XRP have also suffered significant losses, with ETH falling to $2,450 and XRP dropping to $1.34, contributing to nearly $900 million in total liquidations over the past 24 hours.
📉 Bitcoin has dropped below $81,000 for the first time since September 21, leading to a surge in liquidations exceeding $480 million in just one hour.
💔 The sudden crash of BTC by $2,000 in 20 minutes was triggered by the US government's transfer of crypto holdings to Coinbase Prime, causing a ripple effect across the market.
🔄 Altcoins like ETH and XRP have also suffered significant losses, with ETH falling to $2,450 and XRP dropping to $1.34, contributing to nearly $900 million in total liquidations over the past 24 hours.