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CoinDesk· Shaurya Malwa·· 9d ago

Bitcoin falls to $81,800 after brief climb to nearly $85,000, triggering liquidations

Original source: CoinDeskRead original
AI brief

Bitcoin fell to about $81,800 after reaching nearly $85,000 late Wednesday, resulting in a 2% drop over 24 hours and a $3,000 round trip. CoinGlass reported approximately $431 million in liquidations over 24 hours, including $173 million against short sellers during the climb, while bullish bets accounted for $210 million of the $222 million wiped out in the last 12 hours. Other assets saw varied movements: XMR jumped 11% to about $650, while Ether slipped 2% to under $2,400, and DOGE lost nearly 4% and SOL dropped 3%. Nasdaq 100 futures fell 1.1% following negative reports from Tesla and Lam Research.

Source: CoinDesk · coindesk.com