Bitcoin flash crashes to $90,200 causing over $885 million in …

Dec 5, 2024 · Bitcoin was trading at $95,500 as of press time amid heavy volatility, based on CryptoSlate data. Liquidations. Roughly $885.61 million in leveraged positions were liquidated …

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Dec 5, 2024 · Bitcoin was trading at $95,500 as of press time amid heavy volatility, based on CryptoSlate data. Liquidations. Roughly $885.61 million in leveraged positions were liquidated …

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Dec 6, 2024 · Bitcoin’s (BTC) historic rally above $100,000 hit a roadblock on Dec. 5 because the flagship crypto fell again into five-figure Bitcoin $101,604.66 -0.03% Ethereum $3,924.04 -0.62%

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Roughly $880 million in liquidations hit global traders as Bitcoin slips back into five-figure territory.Bitcoin’s (BTC) historic rally above $100,000 hit a roadblock on Dec. 5 as the flagship …

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FAQs about Bitcoin flash crashes to $90,200 causing over $885 million in … Coupon?

How much did bitcoin liquidate in the past 24 hours?

Bitcoin was trading at $95,500 as of press time amid heavy volatility, based on CryptoSlate data. Roughly $885.61 million in leveraged positions were liquidated in the past 24 hours, impacting 202,956 traders worldwide. Bitcoin accounted for $540 million of the total liquidations, followed by Ethereum (ETH) with $105.53 million. ...

What caused the bitcoin Flash Crash?

The cause of the bitcoin flash crash was not immediately clear, however some speculated it could have been caused by so-called "whales" who control large amounts of bitcoin and other cryptocurrencies moving the market. The market is more easily pushed around by whales when trading volumes are lower, such as early on Sunday morning. ...

How did bitcoin hit a roadblock?

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Bitcoin’s (BTC) historic rally above $100,000 hit a roadblock on Dec. 5 as the flagship crypto fell back into five-figure territory, leaving a trail of liquidations across the market. ...

What happened to bitcoin in the past 24 hours?

It fell to a low of roughly $90,300 for the day before attempting a recovery. Bitcoin was trading at $95,500 as of press time amid heavy volatility, based on CryptoSlate data. Roughly $885.61 million in leveraged positions were liquidated in the past 24 hours, impacting 202,956 traders worldwide. ...

Could Bitcoin crash to $10,000?

Mark Mobius, co-founder of Mobius Capital Partners, told CNBC that Bitcoin could crash to $10,000, a more than 40% plunge from current prices. He noted that Bitcoin has broken the technical support levels of $18,000 and $17,000, and it is 'not far away' from $10,000 now. ...

How much money did bitcoin liquidation hit global traders?

Roughly $880 million in liquidations hit global traders as Bitcoin slips back into five-figure territory. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. ...