Bitcoin and Ethereum Plunge: $200M in Liquidations 🚨

What Happened?

Bitcoin dropped below $60,000, triggering massive crypto liquidations.

Ethereum investors faced the hardest hit, losing $55.5 million.

Over 74,000 traders got liquidated, with a total loss of $208 million.

Market Influences 🌍

Geopolitical tensions and US monetary policy are shaking the market.

Bitcoin and Ethereum dropped around 3% each in 24 hours.

Analysts predict a market rebound despite recent declines.

Stay tuned for more updates on crypto trends!

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