Bitcoin, Ethereum, Dogecoin Mixed Amid $230M Liquidations: Analyst Says $39K Level Is A ‘Distinct Possibility’
Published by
Benzinga
Benzinga
The major cryptocurrencies displayed a mixed performance on Monday evening as Bitcoin, the largest cryptocurrency in the world, experienced its sharpest daily decline in nearly four months due to a significant leverage wipe-out. What Happened: During a brief period on Sunday evening, the price of BTC experienced a significant decline, dropping to approximately $40,306. According to data provided by CoinGlass, a total of 66,551 traders experienced liquidations. The overall value of these liquidations amounts to $236.04 million.It is worth noting that the largest liquidation order occurred on Bi…