#MarketPullback
🚨Unprecedented Liquidation Wave🚨
Global cryptocurrency liquidations reached a record $13 billion amid extreme market volatility.
Bitcoin remains at $111,730 with gains of 21.2% since the beginning of the year, despite the turbulence.
On October 8, $657 million were liquidated in 24 hours, with $159 million in long positions collapsing in a single hour.
Regulatory scrutiny intensifies as the CFTC participates in Global Investor Week focusing on cryptocurrency scams.
Concerns increase over tokenized assets lacking traditional protections for investors.
The circulating supply of Ethereum grew by 76,488 ETH as the Fusaka upgrade approaches in December.
