The cryptocurrency market has witnessed over $1 billion in liquidations after Bitcoin's price fell below $50,000. This sharp decline triggered a wave of sell-offs, forcing traders to close their positions amid rising volatility. The significant number of liquidations reflects the market's sensitivity to price movements and the potential risks involved in leveraged trading. As traders react to the downturn, analysts are warning of further instability in the crypto market.Read more on Decrypt
Crypto Liquidations Exceed $1 Billion Following Bitcoin Plunge
