🔥Bitcoin price and generates liquidations

The price of #Bitcoin falls below $44,500 this Friday, followed by increased volatility in the market. After the approval of #ETF by #SEC and reaching almost $49,000, Bitcoin could not maintain its upward price.

Bitcoin volatility, which increased when Bitcoin spot ETFs began trading, caused the crypto market to retreat, generating liquidations. Currently, $72 million in long and short Bitcoin positions have been liquidated in the last 24 hours.

This event makes many analysts question, some of whom anticipated this fall, alluding to a “news selling event.” However, nothing has been said yet, since these are the first days of the ETFs being marketed, which makes investors look at the asset with a different perspective.
#BTC #ETH #sui #memecoin #etc

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