On April 30, 2024, the crypto market saw massive liquidations totaling $286 million, led by Bitcoin and Ethereum ¹. Over 99,000 traders were liquidated, with Bitcoin seeing $69.2 million in liquidations and Ethereum experiencing $91.73 million. The sell-off led to a panic, erasing earlier gains. Bitcoin's price fell 4.11% to $60,437.79, performing poorly after its recent halving. Technical indicators suggest a further decline to $60,000 or below. The slowdown in spot Bitcoin ETF excitement and weaker-than-expected trading volume in Hong Kong contributed to the decline.#BinanceLaunchpool