BTC just experienced a huge shock when nearly $67 million in long positions were liquidated in 30 minutes after President Biden withdrew from the 2024 election. 📉

- BTC dropped 2.3% to $65,880 but quickly recovered to $68,480, causing short positions to lose $34 million.

- Markus Thielen from 10x Research believes that a large buy order helped BTC recover strongly.

- In 12 hours, a total of $134.5 million in long and short positions were liquidated, mainly on Binance and OKX.

Kamala Harris can replace Biden, and Trump has a 64% chance of winning the 2024 election. BTC is currently trading at $67,850, up 0.55% in the last 24 hours.

What do you think about this situation? Comment now! 💬#Bitcoin#CryptoNews #Blockchain