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17:49
Bitcoin (BTC) Drops Below $93,000: $1.2 Trillion Crypto Market Cap Wiped in 5 Weeks as Liquidations Surge

According to @KobeissiLetter, Bitcoin (BTC) fell below $93,000 for the first time since April 28, while an isolated crypto selloff has erased $1.2 trillion in market capitalization over the past five weeks and liquidations are still rising. According to @KobeissiLetter, the continued increase in liquidations underscores heightened forced-selling pressure and near-term volatility risk for traders tracking BTC and broader crypto markets.

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