The post Bitcoin News Today: $1.59B Liquidated as BTC Drops to $86K – What’s Next? appeared first on Coinpedia Fintech News
Bitcoin’s price crash has triggered massive liquidations, wiping out nearly $1.59 billion from the market in just 24 hours. Around 390,000 traders faced losses, with long positions making up 90% of the liquidations. One major loss occurred on Justin Sun’s exchange, HTX, where a single trader lost $39.62 million. As BTC dropped to $86,000, its …