Bitcoin drops below $90K, triggering $947M in liquidations

Key Takeaways

  • Bitcoin’s price fell below $90,000 amid heightened market volatility.
  • The drop represents a significant downturn following recent record highs in the crypto market.

Bitcoin fell to $89,700 after failing to hold below the $90,000 level on Monday, extending its slide and triggering roughly $947 million in leveraged liquidations over the past 24 hours, according to CoinGecko and CoinGlass.

This is a developing story. Please come back for further updates.

Source: https://cryptobriefing.com/bitcoin-drops-below-90k-amid-market-volatility/