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Bitcoin Crashes Below $67K, Crypto Traders Panic Sell

Published 18/06/2024, 08:22
© Reuters. Bitcoin Crashes Below $67K, Crypto Traders Panic Sell
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Coin Edition -

  • Bitcoin failed to hold above $67,000, triggering significant liquidations in the market.
  • BTC also witnessed the biggest 3-day drop in non-empty wallets since March 14th.
  • Ethereum wallet numbers continue to keep rising as per Santiment.

Bitcoin’s price tumbled below $67,000 in the past 24 hours, triggering a wave of liquidations across the cryptocurrency market. The leading digital asset now sits at $65,500, raising concerns among traders and investors.

Blockchain analytics platform Santiment noted on X (formerly Twitter) that Bitcoin has experienced its most significant three-day decline in non-empty wallets since before the asset’s all-time high of $73,000 on March 14.

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