Crypto crash wipes out $1 billion, Bitcoin hits $49,000

The crypto market has suffered a severe downturn over the past 24 hours, with Bitcoin plunging 17% to a five-month low of approximately $49,700, TradingView's data shows. The panic sell resulted in over $1 billion in liquidations, according to data from Coinglass.Source: CoinglassBitcoin, the largest crypto asset, fell to its lowest point since late February before recovering slightly to trade... source: https://cryptobriefing.com/crypto-market-crash-billion-liquidations/