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Bitcoin slides below $93,000 as $680 million longs are liquidated

by Simon Crypto Team
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Glassnode says the push toward $96,000 was driven by leverage, while CryptoQuant warns demand remains too weak to confirm a trend reversal.

Tags: BitcoinLiquidatedLongsMillionSlides
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bitcoin
Bitcoin (BTC) $ 60,496.00
ethereum
Ethereum (ETH) $ 1,625.16
tether
Tether (USDT) $ 0.998729
xrp
XRP (XRP) $ 1.06
bnb
BNB (BNB) $ 551.69
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999672