Bitcoin News Today: $341M in Crypto Liquidations as Government Shutdown Hits Markets
We are in the middle of a wild ride in the crypto world. Over the past 24 hours, roughly $341.85 million worth of digital‑asset positions were liquidated as major coins surged unexpectedly. At the same time, Bitcoin jumped past $106,000, pushing many leveraged traders into forced closures. The reason? A mix of political drama, the US government shutdown, and market uncertainty drained liquidity and spooked participants. We’ll walk through how this happened, what it means for us as traders or investors, and where we might head next.
Bitcoin Market Overview
Right now, Bitcoin is trading in the range of $104,000 to $107,000. After reaching a peak in October, the coin had dipped, but the recent bounce back signals renewed…
