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Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M

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Bitcoin sub-K levels in focus after daily crypto liquidations near 0M
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Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M

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Source: Coin Telegraph

Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.

Bitcoin (BTC) hit two-week lows around the April 30 Wall Street open after new spot price exchange-traded funds (ETFs) disappointed.

Data from Cointelegraph Markets Pro and TradingView tracked a precipitous drop on BTC/USD after the Asia trading session, with the pair losing $61,000 support.

Liquidations quickly mounted across crypto, totaling $275 million over 24 hours, per data from monitoring resource CoinGlass.

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Author: William Suberg

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