_bitcoin-volatility-triggers-36550-million-in-crypto-futures-liquidations.jpg "Bitcoin Volatility Triggers $550 Million in Crypto Futures Liquidations from mitali rack naked Video Screenshot Preview")
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✓ Published: 06-Mar-2024
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✓ Published: 06-Mar-2024
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Crypto futures saw over $550 million in liquidations in the past 24 hours as Bitcoin volatility continued. Bitcoin briefly topped $68,500 before dropping to as low as $64,500, though has regained around $67,000. Memecoin futures like Dogecoin, Shiba Inu, and Pepecoin racked up nearly $90 million in losses. Leveraged bets on crypto futures have increased to over $66 billion in the past week. Traders expect Bitcoin to break its all-time high before the April halving event.
Crypto futures saw over $550 million in liquidations in the past 24 hours as Bitcoin volatility continued. Bitcoin briefly topped $68,500 before dropping to as low as $64,500, though has regained around $67,000. Memecoin futures like Dogecoin, Shiba Inu, and Pepecoin racked up nearly $90 million in losses. Leveraged bets on crypto futures have increased to over $66 billion in the past week. Traders expect Bitcoin to break its all-time high before the April halving event.
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