Bitcoin Plummets, $575M Liquidated
Update: 2025-12-19
Description
Bitcoins Volatile Week: Five Hundred Million Dollars in Liquidations as Market ShiftsBitcoin experienced a rollercoaster week, with over five hundred million dollars in crypto liquidations following a soft inflation report. Despite initial market optimism, Bitcoins price plummeted as sellers stepped in, erasing gains within hours. The recent dip was fueled by both spot and derivatives traders, but the range between eighty-five thousand and eighty-one thousand dollars remains strong. The Bank of Japans interest rate hike may impact crypto and other risk assets by reducing liquidity.
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