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Bitcoin Positions Worth $1 Billion Liquidated in 30 Minutes Post BTC’s $5k Correction

Bitcoin price recorded its new all-time-high above $62K only a couple of days back, having spent a majority of February and the first week of March in a consolidation phase. However, the price recorded a sharp correction of $5K this morning resulting in the liquidation of more than a billion-dollar worth of BTC derivative contracts

Bitcoin price recorded its new all-time-high above $62K only a couple of days back, having spent a majority of February and the first week of March in a consolidation phase. However, the price recorded a sharp correction of $5K this morning resulting in the liquidation of more than a billion-dollar worth of BTC derivative contracts