Bitcoin experiences $83 million in crypto liquidations as price drops to $92,500
Crypto Briefing
Bitcoin dropped to $92,500, causing $83 million in long liquidations within an hour and ending a recent rally.Summary
Bitcoin experienced a significant pullback on Tuesday, falling to $92,500 and triggering $83 million in long position liquidations across the crypto market within one hour, according to CoinGlass data. This move ended a multi-day rally that had seen BTC steadily climb since the weekend, peaking above $94,000 on Monday. The intraday decline represented a 2% drop for Bitcoin, making it the most volatile major asset during the pullback, while Ether and Solana saw more modest dips.
(Source：Crypto Briefing)