The price of Bitcoin fell below $61,000 on Monday, causing total liquidations of more than $320 million in 24 hours. 📉

- Bulls have failed to hold key price levels, and today's decline could lead to the psychologically important $60,000 level.

- Ethereum failed to hold above the $3,300 level, and Solana, BNB and XRP gave up a significant portion of their recent gains.

- The total amount of liquidations exceeded $320 million in the last 24 hours.

- The majority of liquidated positions were long positions amounting to over $286 million, while short positions amounted to $36 million.

The reason for the fall in the price of Bitcoin was the news that long-awaited payments to creditors of the bankrupt cryptocurrency exchanger Mt. will begin in July. Gox. Investor reaction to the news was swift and harsh.