Over $20 billion in leveraged bets were wiped out Friday, crashing Bitcoin below $105,000
Bitcoin struggled to hold its ground on Monday after a brutal $20 billion leveraged flush-out crushed large parts of the crypto market late Friday, according to data from CoinGecko. The selloff wiped out weeks of risk buildup and triggered widespread liquidations, with open interest in Bitcoin futures dropping from around $94 billion to $70 billion in [...]