Crypto Market Liquidations Hit 941 Million as Bitcoin, Ethereum, and Dogecoin Face Declines
In a significant move, the crypto market faced substantial liquidations totaling 941 million as Bitcoin, Ethereum, and Dogecoin all experienced noticeable pullbacks after a bullish week. Investors reacted swiftly amid heightened volatility, leading to a cascade of liquidations as margin calls spiked. The retreat from recent highs has sent shivers through the market and prompted traders to reconsider their positions. With Bitcoin slipping below key support levels, Ethereum and Dogecoin followed suit, leaving many wondering if this is a temporary setback or the beginning of a more extensive bearish trend. Market sentiment remains cautious as traders brace for potential further declines in the coming days.