coin-img-ETHETH-1.83%coin-img-BTCBTC-0.45%coin-img-SOLSOL-3.30%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.77%coin-img-TRXTRX-0.46%coin-img-HYPEHYPE-9.08%coin-img-OPNOPN+5.92%coin-img-ETHETH-1.83%coin-img-BTCBTC-0.45%coin-img-SOLSOL-3.30%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.77%coin-img-TRXTRX-0.46%coin-img-HYPEHYPE-9.08%coin-img-OPNOPN+5.92%coin-img-ETHETH-1.83%coin-img-BTCBTC-0.45%coin-img-SOLSOL-3.30%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.77%coin-img-TRXTRX-0.46%coin-img-HYPEHYPE-9.08%coin-img-OPNOPN+5.92%coin-img-ETHETH-1.83%coin-img-BTCBTC-0.45%coin-img-SOLSOL-3.30%coin-img-USDCUSDC+0.02%coin-img-XRPXRP-3.77%coin-img-TRXTRX-0.46%coin-img-HYPEHYPE-9.08%coin-img-OPNOPN+5.92%
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Terence Zimwara

Bitcoin Pulls Back Below $61K; Glassnode Says 8M BTC Are Underwater

Bitcoin slipped under $61,000 on Tuesday before rebounding to around $61,700, a 2.9% daily decline that pushed its market cap from $1.27 trillion to about $1.24 trillion. The move sparked $467.5 million in crypto liquidations, including $104 million in BTC longs and nearly $27 million in BTC shorts. Glassnode said the reset left more than 8 million bitcoin held at unrealized losses.
BTC
BTC-0.57%
ETH
ETH-1.86%
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