#CryptoMarketDip
Crypto Market Sees $480 Million Liquidation Amid Rising US Treasury Yields
Over the past 24 hours, over 157,000 traders have liquidated, totaling over $480 million.
Ki Young-joo noted in the post the crucial role of liquidity in sustaining the bullish momentum of the digital asset.
“This Bitcoin bull run could turn out to be the longest ever. New liquidity sources are constantly feeding the market, and more are waiting to be unlocked,” he said.
The echoes from the crypto community largely echo Ki Young-joo’s sentiment, with many experts predicting further growth in the market. The DeFi investor, a prominent voice in DeFi, issued a cautious but optimistic statement.
