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Cryptocurrencies tumble amid a wave of long liquidations, bitcoin falls under $60,000

Cryptocurrencies fell sharply Tuesday evening as Asia futures pointed down, triggering a wave of liquidations on Bybit exchange.

By: CNBC

Aug 28 2024
30
2857 Views

Cryptocurrencies tumble amid a wave of long liquidations, bitcoin falls under $60,000 — Cryptocurrencies tumble amid a

"Crypto markets moved down sharply, triggering a leverage driven liquidation," said Steven Lubka, head of private clients and family offices at Swan Bitcoin. "The move appears to have been kicked off by a material drop by Ethereum, which has been str... [2148 chars]

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Current price of Bitcoin: Oct. 3, 2024