Crypto Market Notices Over $600 Million in Liquidation As BTC Falls Below $25,000

As of December 2020, the price of BTC dropped to about $25,000. Recently, the same occurrence took place in the crypto market. As a result, most altcoins are experiencing a price plunge, resulting in over $600 million in liquidation.

BTC looked promising at the dawning of June, hitting a selling price of over $32,000, being its all-week high. Hours later, there was a sudden slump in prices, bringing its selling price to around $30,000. Despite several attempts to push beyond this price, Bitcoin could only remain slightly below it. This went on for days until the end of the first week of June. However, before the end of the period, the price finally rose to the coveted $30,000.



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