Bitcoin (BTC) Suddenly Plummets to $57K, Leaving $350 Million in Liquidated Positions

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Bitcoin (BTC) Suddenly Plummets to $57K, Leaving $350 Million in Liquidated Positions
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The weekend crash continues with full force as bitcoin dumped to just over $57,000 minutes ago, while the altcoins bleed out even worse.

After the positive start of the previous business week, when BTC shot up to $70,000, the landscape quickly took a turn for the worse in the following days. The biggest pain levels, though, were left for Friday, Saturday, and now Sunday. The downfall continued on Sunday, as reported earlier. However, BTC had recovered some ground and stood close to $62,000 in the afternoon.

The altcoins have it even worse. ETH has plummeted to $2,700, BNB is down below $500, SOL has slumped to $135, and so on.

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