#BTCNextMove

In the last 24 hours, the cryptocurrency market has recorded liquidations exceeding $1.4 billion, according to data from Coinglass.

This phenomenon primarily impacted traders with leveraged long positions, who faced significant losses following a sharp drop in the prices of Bitcoin and several altcoins.

Bitcoin fell to a low of $92,000 on Friday, representing a decline of 13.4% from its all-time high reached just three days earlier. Altcoins also suffered significant declines: Ethereum fell by 16%, while XRP and Dogecoin dropped by 18% and 26%, respectively.