Liquidations hit $50 million in an hour as Bitcoin slid 3% to $58.5k

Assad Jafri

Bitcoin experienced a sharp decline on Aug. 20, falling below the $59,000 mark as selling pressure intensified, leading to significant liquidations in the crypto market. The flagship crypto slid over 3% in an hour, giving up almost all of its gains over the previous trading day after touching a weekly high of $61,400. Bitcoin was […]

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Liquidations hit $50 million in an hour as Bitcoin slid 3% to $58.5k