BITCOIN PRICE PLUMMETS BELOW $58,000 AS LIQUIDATIONS SURGE
Here are the main points from the article:
- Bitcoin's price has dropped below $58,000, a 4% plunge in the past 24 hours.
- The cryptocurrency derivatives market has seen massive liquidations, totaling $294 million in the past 24 hours
- Long contract holders have been hit the hardest, accounting for $257 million of the liquidations.
