USD 1.000 MILLION TRADERS WERE LIQUIDATED WITH THE FALL OF BITCOIN 😱

Yesterday, the price of Bitcoin plummeted and left many trembling! Over one billion dollars in leveraged positions were liquidated, particularly affecting those betting on the rise. Bitcoin had been quite stable between USD 105,000 and USD 106,000, and suddenly it fell to almost USD 101,000 in just a few hours! Obviously, it dragged the entire crypto market down with it.

What caused this? Well, the public dispute between Donald Trump and Elon Musk didn't help at all and generated a lot of uncertainty. But it also seems that many experienced investors took the opportunity to take profits and make strategic sales, which contributed to the collapse.

Despite the scare, Bitcoin showed an impressive recovery and is already trading above USD 104,000. Analysts remain optimistic in the medium and long term, and it is expected to reach new highs if it manages to surpass USD 114,000! This episode reminds us how volatile this market is, but also how quickly it can recover!