Bitcoin slump triggers $811 million losses as traders brace for $100k test

Bitcoin’s brief dip below $110,000 in the past 24 hours triggered one of the heaviest liquidation rounds in recent times. According to Coinglass data, crypto traders betting on the market lost $811.6 million, with more than 179,000 traders forced out of positions. Speaking on this broad liquidation event, Sean Dawson, head of research at Derive.xyz, The post Bitcoin slump triggers $811 million losses as traders brace for $100k test appeared first on CryptoSlate.