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#Bitcoin  pumping while the halving is approaching and spot ETF approval seems imminent 🐂 . . . #BinanceBlockchainWeek #Web3Wallet #Wintermute

#Bitcoin  pumping while the halving is approaching and spot ETF approval seems imminent 🐂

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#BinanceBlockchainWeek #Web3Wallet #Wintermute

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The cryptocurrency market experienced a sudden drop, leading to the liquidation of over $348.98 million in the last 12 hours. Bitcoin and Ethereum led the market drop, with long positions worth over $309 million being liquidated. Analysts attribute the correction to the market alleviating pressure following the impressive surge in prices, signaling a natural part of market dynamics. This sudden drop resulted in over $396 million in liquidations in the last 24 hours, with the bulk of it coming from long positions.
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