Bitcoin eyes $124k or $108k before Christmas as leverage thins after $1.7B in liquidations

Bitcoin price traded near $113,000 on Monday after a weekend liquidation that wiped more than $1 billion in leveraged longs, with derivatives and macro gauges now central to the next move. Spot hovers around $112,965 intraday, about 10% below the recent peak, as the market digested last week’s Federal Reserve rate cut and a pick-up The post Bitcoin eyes $124k or $108k before Christmas as leverage thins after $1.7B in liquidations appeared first on CryptoSlate.