Over $200m liquidated in an hour as BTC drops below $100k

The cryptocurrency market saw a sharp surge in liquidations after Bitcoin’s price unexpectedly fell below $100,000 on Jan. 7 during early U.S. trading hours. According to Coinglass data, approximately $206 million in crypto positions were liquidated within an hour, following…

Jan 7, 2025 - 21:00
Over $200m liquidated in an hour as BTC drops below $100k
The cryptocurrency market saw a sharp surge in liquidations after Bitcoin’s price unexpectedly fell below $100,000 on Jan. 7 during early U.S. trading hours. According to Coinglass data, approximately $206 million in crypto positions were liquidated within an hour, following…

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