Ethereum

Millions

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-drops-to-61000-millions-liquidated/" data-wpel-link="internal">Bitcoin Drops to $61,000, Millions Liquidated</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/bitcoindeki-yukselis-devam-edecek-mi-analist-kritik-fiyat-seviyelerine-isaret-etti" data-wpel-link="internal">Bitcoin</a> price recently spiked to $61,000. There is a risk of further decline in <a href="https://coin-turk.com/fiyat-dusuyor-bitcoin-opsiyon-islemlerin-hacmi-artiyor" data-wpel-link="internal">BTC</a> price. Today, a court decision regarding former <a href="https://en.coin-turk.com/beware-of-cryptocurrency-scams-binance-ceo-warns-against-fake-projects/" data-wpel-link="internal">Binance</a> CEO <strong>Changpeng Zhao</strong> will be announced. Before the announcement, a sense of panic was evident in the market, which led to continued sales and a decline in <a href="https://en.coin-turk.com/bitcoin-could-plunge-like-in-2019-analyst-warns/" data-wpel-link="internal">BTC</a> price.</p> 
<h2 style="text-align: justify" id="bitcoin-hits-61-000-millions-liquidated">Bitcoin Hits $61,000! Millions Liquidated</h2> 
<p style="text-align: justify">As the flagship cryptocurrency, <a href="https://en.coin-turk.com/technical-analysis-of-bitcoin-key-levels-and-patterns/" data-wpel-link="internal">Bitcoin</a>‘s price drop to $61,000 erased billions from the market. In the last 24 hours, 80,710 investors were liquidated. Additionally, the total liquidation amount was $239 million.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-346227 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/tasfiye-coin-turk-com-.png" alt="" width="1800" height="586"></p> 
<p style="text-align: justify">The largest liquidation order appears to have occurred on Binance. The amount of liquidation in <strong><a href="https://coin-turk.com/grayscalein-ethereum-hisseleri-rekora-kosuyor-300-dolara-yaklasti" data-wpel-link="internal">Ethereum</a></strong> was $5.03 million.</p> 
<p style="text-align: justify">Looking at the liquidation figures for the last 24 hours, it appears that the liquidation amount in Ethereum was higher than in Bitcoin. Accordingly, while $75 million in liquidations occurred in Ethereum, the amount of liquidation in Bitcoin was $64 million.</p> 
<h2 style="text-align: justify" id="60-000-support-crucial-for-bitcoin">$60,000 Support Crucial for Bitcoin</h2> 
<p style="text-align: justify"><strong>BTC/USD</strong> pair entered a new downtrend as it failed to break above the resistance zone of $64,750. Currently, the downward movement seems to continue, and the price needs to find immediate support around $61,200.</p> 
<p style="text-align: justify">The first major support point for Bitcoin is at the $61,000 level. However, if the price closes below this level, expecting further declines would be reasonable, and it is anticipated that the price may trend towards $60,750. At this point, further losses could lead the price towards the short-term support region of $60,200.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-drops-to-61000-millions-liquidated/" data-wpel-link="internal">Bitcoin Drops to $61,000, Millions Liquidated</a></h5>

Bitcoin Drops to $61,000, Millions Liquidated

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