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$1.62 Billion Long Positions Liquidated in 24 Hours as BTC Dips Below $55k

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Bitcoin Anvil Falls from the Sky

Bitcoin Anvil Falls from the SkyBitcoin’s recent dip below $55k has led to heavy losses of crypto investors’ funds, with $1.62 billion long crypto positions liquidated within 24hours. In the early hours of the day, Bitcoin’s price, as well as that of many altcoins, went on a rollercoaster—yet again—resulting in massive liquidation volumes across the board.  BTC went from $57,800

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