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Bitcoin Falls Below $82,000 Amid $770 Million Crypto Liquidations
Original: Bitcoin drops below $82,000 as over $770 million in crypto positions are liquidated Bitcoin fell to $81,382 on Monday ev
Bitcoin dropped to $81,382 on Monday evening, falling below $82,000 as crypto liquidations exceeded $770 million. Traders pointed to weak institutional inflows into bitcoin exchange-traded funds and a sharp decline in South Korean stocks as key drivers. The sell-off hit leveraged positions hard, with longs bearing the brunt of forced liquidations across major exchanges.
Why now: A sudden price drop and mass liquidations are unsettling crypto investors worried about wider market weakness.
BitcoinSouth Koreacryptocurrency markets
Evidence
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