Bitcoin’s 5% Flash Crash Leads to $165 Million in Leveraged Liquidations
Leveraged traders lost more than $165 million as Bitcoin prices plunged 5%.
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Leveraged traders lost more than $165 million as Bitcoin prices plunged 5%.
Golden Finance launches the 2250th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
Bitcoin’s market capitalization exceeded US$1 trillion again after 2 years. A key bull market hurdle has been passed. On February 14, 14 years ago, Satoshi Nakamoto stated in an internal email that “in 20 years, Bitcoin will either have a very large transaction volume or no transaction volume.”
The average Bitcoin price increase before past halvings is around 420%, which makes increases in 2023 and early 2024 seem minimal on a cyclical average. The average growth rate after the halving is approximately 4353%, indicating that the strongest growth phase is yet to come.
U.S. government to sell $118 million in seized Bitcoin sparks debate, but market experts downplay impact, citing historical perspective and minimal holdings compared to recent outflows from Grayscale Bitcoin Trust.
U.S. prepares to auction $130 million in Bitcoin, seized from dark web dealings, showcasing the intricate dance between digital innovation and law enforcement.
Samson Mow predicts a rapid rise of Bitcoin to $1 million, driven by recent ETF approvals and market adjustments. However, the undisclosed catch adds uncertainty to the otherwise bullish forecast, emphasizing the need for strategic planning in the approaching crypto market landscape.
BlackRock reportedly plans to acquire $10 million worth of BTC as initial funding for its potential spot Bitcoin ETF.
Tesla lost over $140 million betting on Bitcoin last year, according to a Monday filing with the U.S. Securities and Exchange Commission.