Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders

[Bitcoin]

Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders

The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per coin. This rapid climb on Aug. 8 resulted in $212.59 million in derivatives liquidations across the entire crypto market within the last day. Crypto Economy […]

Source: Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders