Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour

Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle, and 5% from its 24 hour peak. The sudden dip rippled across The post Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour appeared first on CryptoSlate.