Bitcoin Tumbles to $66K, Triggers $250M in Liquidations Ahead of 'Wild Wednesday'

Reported about 1 year ago

Bitcoin dropped to near $66,000, leading to over $250 million in crypto liquidations as traders prepare for a tumultuous Wednesday marked by the U.S. inflation report and the Federal Reserve meeting. Altcoins also experienced significant declines, with the broader crypto market showing losses. Investors are anticipating a volatile session, with Bitcoin expected to react strongly to economic data. While the market remains cautious, there are indications that a quick recovery could follow the recent selloff.

Source: YAHOO

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