Markets· ★★★★★· bearish·

Bitcoin Plunges Below $81K as $480M Liquidated in an Hour

  • —BTC fell below $81,000 for the first time since September 21
  • —Over $480 million liquidated in an hour, almost all longs
  • —24-hour liquidations neared $900 million, 150,000 traders hit
  • —ETH slid to $2,450 and XRP to $1.34 after rejection at $1.50
Why it matters: The long squeeze deepens market pressure, and further US government BTC transfers could extend the sell-off.
Source: CryptoPotato