Crypto Sees $1B Flush As Bitcoin Shows ATH Rollercoaster
Data shows the cryptocurrency derivatives market has suffered a lot of liquidations as Bitcoin has gone through volatility in the past day.
Bitcoin Has Gone Through A Bit Of A Rollercoaster Over The Last 24 Hours
Bitcoin has seen some wild price action over the past day in which it has not only set a new all-time high (ATH) close to the $90,000 mark but also marked a low around the $85,000 level.
The chart below displays what the asset’s recent trajectory has been like.
The price of the coin appears to have been rising recently | Source: BTCUSDT on TradingView
The graph shows that since the $85,000 low, BTC has already bounced back to $88,500, which means its price has almost returned from the plummet.
Given that most of…
