Bitcoin, the largest cryptocurrency by market capitalization, drops around $1150 after reaching a 24h high of $35,937. According to CoinMarketCap data, the 24h high and low for BTC price is $35,937 and $34,089 respectively.
As the Bitcoin price got a rejection from $35,500 which resulted in huge liquidations of long positions. According to the data from bybt, which shows that around $14.95 million long positions got liquidated when the BTC price fall from $35293 to $34960 in just 15 minutes.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.