Bitcoin's Volatility Sparks $500M in Crypto Liquidations
TL;DR Summary
Bitcoin rebounded to near $98,000 after a weekend dip triggered significant liquidations, with $500 million affected. Despite volatility, demand remains strong, supported by potential regulatory changes under the incoming Trump administration, which may favor the crypto industry. Charles Schwab plans to enter the crypto market once regulations are clearer, while the SEC is set for leadership changes. Optimism has also boosted other assets like XRP and increased interest in U.S.-listed Bitcoin ETFs.
- Bitcoin Regains Footing Near $98,000 as Liquidations Close in on $500M Decrypt
- Bitcoin Drops to $96,256 After Failing To Break $100K, Triggering $500M in Liquidations Yahoo Finance
- Crypto Market Hit by $500 Million Liquidation Tsunami as XRP Plunges 10% U.Today
- Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge Cointelegraph
- Crypto Market Sees $489M in Liquidations as Bitcoin Dips to $95K The Crypto Basic
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