Bitcoin long liquidations spiked to almost $40 million in the past 24 hours as the price dropped to a weekly low just above $64,000.
Bitcoin long liquidations hit almost $40 million in the past 24 hours as the price dropped to a weekly low of just above the $64,000 mark.
Bitcoin is holding precariously above the $64,000 mark, falling by over 3.6% in the past 24 hours, and was trading at $64,033 at 5:35 a.m. ET, according to The Block’s Price Page. Data from The Block shows ether posting a drop of 3.5% to $3,137 in the same period. BlackRock's ETF saw its first day without inflows after a 71-day streak of inflows into its fund. Only Fidelity’s FBTC and the ARK 21Shares Bitcoin ETF saw inflows on Wednesday, with $5.6 million and $4.2 million, respectively, according to SoSoValue data.
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