Relax, Bitcoin is going to be ok, even if BTC lost 13% in 8 hours: The proof is in the data
7M ago•
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Bitcoin’s $16,700 drop on Friday triggered $5B in futures liquidations, exposing a fragile market structure and renewed volatility despite this year’s spot BTC ETF-driven optimism.
Key takeaways:
Friday’s Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses.
Liquidations hit $5 billion as portfolio margin systems failed, highlighting risks of illiquid collateral assets.
7M ago•
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Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
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