
Bitcoin Crashes Below $84K as Crypto Liquidations Near $600M
- —BTC fell from $87,200 to under $84,000 within hours
- —24-hour liquidations topped $570 million, $186 million in the past hour
- —99% of liquidations in the past hour were longs
- —Largest single liquidation was nearly $12 million on Binance
Why it matters: The sharp reversal after bullish macro data highlights fragile demand; a sustained break below $84,000 could open the door to $82,000.
Source: CryptoPotato