Markets - Bitcoin Plunges Under $112K amid $1.7B in Liquidations
Despite last week’s post-Fed rally, Bitcoin was unable to break out above $117,000, and most majors tested key resistance levels and sold off sharply over the weekend.
After the largest long liquidations of the year - $1.6 billion in the past 24 hours - BTC is trading near support at $112,000, with ETH and SOL in similar positions at $4200 and $220, respectively.
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