Bitcoin Liquidations Drop Sharply as BTC Holds Above $86,000
- —BTC short liquidations fell to $171 million in 24 hours from $454 million
- —Total crypto market open interest surpassed $159 billion
- —Bitcoin's market cap held at $1.73 trillion, broader market above $3 trillion
- —BTC-to-gold ratio climbed 7.55% on the week to 19.94
Why it matters: Rising leverage and cooling liquidations point to a possible push toward $90,000, though volatility remains elevated.
Source: Bitcoin.com