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$300M liquidated in Bitcoin’s descent below $29k

By Oluwapelumi Adejumo at 2025-05-20 20:54

Sentiment: Positive

Bitcoin (BTC) dropped below two psychological price barriers — $30,000 and $29,000 — in the last 24 hours to liquidate $66.14 million long positions held on the asset, according to Coinglass data. Across the broader crypto market, the total liquidations were $300.10 million over the last 24 hours, according to Coinglass data. The sell-off wiped […] The post $300M liquidated in Bitcoin’s descent below $29k appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Trading #bitcoin #BTC

Source CryptoSlate