Bitcoin Experiences Severe Volatility Over the Weekend, $922 Million Liquidated Across the Crypto Market
$BTC just experienced a highly volatile weekend, sweeping both sides of the market.
Last night, Bitcoin fell below the $66,000 mark, leading to around $230 million in long positions being liquidated. This drop has made many believe that the bears have completely taken control and the market may continue to plunge deeper.
But just a few hours later, the market quickly changed direction.
This morning, BTC bounced back above 68,000 USD, causing about 185 million USD in short positions to be