Attention crypto enthusiasts! 🚀

Bitcoin (BTC) has seen a 2.3% drop, trading at $65,798 after several failed attempts to break $70,000. The bears have taken advantage of this opportunity, resulting in a significant reduction of leveraged long positions.

🔹 Skew reports that $800M in BTC futures contracts have been liquidated.

🔹 Daan Crypto Trades suggests that spot activity will be key to market direction.

What do you think? Will BTC recover soon? Leave us your comments!