Bitcoin leverage again flushed at US Market Open as inflation rises missing estimates

Liam ‘Akiba’ Wright

In the wake of new inflation data, the crypto market experienced $164.52M in liquidations over the past 12 hours, with $119.88M in long positions and $44.64M in short positions being flushed out. Bitcoin accounted for $48.31M of the total liquidations. The US Market Open again seemed to be a bigger catalyst than inflation data as […]

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Bitcoin leverage again flushed at US Market Open as inflation rises missing estimates