Crypto market under pressure: BTC at $80.3K, $356M liquidated
- —Liquidations topped $356 million in 24 hours, 58% of them longs
- —BTC at $80,257 with a $1.614 trillion market cap; ETH at $2,325
- —A dormant Ethereum wallet moved 2,119 ETH to Coinbase after three years
- —Visa says stablecoin settlement volume passed $25 billion, 10x growth in a year
Why it matters: Heavy leverage leaves the market fragile: further BTC losses could trigger a cascade of long liquidations.
Source: CryptoActu