In a significant downturn for the cryptocurrency market, over $426 million in liquidations occurred within a 24-hour period, with $160M liquidated in the last hour alone. Bitcoin's value dropped below $67,000, eventually falling below $66K, while Ethereum also saw a decrease, falling below $3,368 to under $3,400. This sharp decline in value led to widespread liquidations across leading crypto assets, with Bitcoin ETFs experiencing a net outflow of $85 million on April 1st. The market's volatility has sparked discussions within the crypto community, including comments from Ethereum's co-founder, Vitalik Buterin.
What Happened in Crypto in the Last 12h…? - Widespread crash across leading crypto assets with $BTC dropping to below the $67,000 mark. - $ETH crashes to below $3,400 alongside $BTC. - Spot #Bitcoin ETFs see net outflow of $85 million on April 1st. - Vitalik Buterin defends… https://t.co/XImdE7xbR0
Bitcoin Price Plunges Below $67,000, Crypto Market Sees $426 Million in Liquidations ► https://t.co/Vle0qnG8qZ https://t.co/Vle0qnG8qZ
BREAKING: CRYPTO LIQUIDATIONS IN THE PAST 24 HOURS SURPASS $400M - AS $BTC DROPS BELOW $66K https://t.co/wcz3qBmhf8
#Bitcoin has fallen below $67K. View price chart ➡️ https://t.co/LrE9BNTWaE https://t.co/bnASfzDu5E
🚨 JUST IN: Over $144 million Liquidated from the crypto Market in just 1 hour. #Bitcoin drops below $67,000 https://t.co/soH7pwUrap
BREAKING: $160M liquidated in the last hour. Bitcoin: $67k Ethereum: $3,368 https://t.co/ZysnV5ePKo