Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations

Futures trades betting on higher prices lost over $230 million in the past 24 hours, liquidations data tracked by CoinGlass shows. BTC and ETH-tracked futures saw over $60 million in long liquidations a piece, while products tracking DOGE, SOL, XRP, and pepe coin (PEPE) recorded at least $4 million in losses.

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Cryptocurrencies: 17,050
Markets: 1,227
Marketcap: $ 3.37 T
24h Vol: $ 193.71 B
BTC Dominance: 58.00%