BTC Price Breaches $98K as Liquidations Top $1.1B
The crypto market is facing one of its sternest tests yet, with the bitcoin BTC$96,737.97 price breaking below the crucial $98,000 level of support following a wave of sell pressure in a low-liquidity environment. The sell-off prompted more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass….