CoinDesk••1 min read
Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left
The Block•2h ago
Injective files for SEC transfer agent registration to bring securities ownership records onchain
Cointelegraph•3h ago
JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves
The Block•3h ago
Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs
Bankless •3h ago