$470M Lost as Bitcoin Drops and Altcoins Soar 🚀
Bitcoin’s failure to break the $100,000 milestone triggered a significant crypto #liquidation event, wiping out $470 million in positions, primarily in altcoins. Notable assets like Dogecoin, XRP, and Stellar experienced substantial liquidations as they surged up to 50%, fueled by renewed interest from past cycle traders.
Bitcoin #dominance remains high at 56.2% as its price slightly retraces from its recent peak.
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