$BTC Bitcoin (BTC) falls below $100,000, liquidating $1 billion in contracts over the weekend; see cryptocurrency prices today.
Bitcoin (BTC) is trading slightly down by just over 1% this Monday (23), being traded close to $101,000. It is worth mentioning that, during the weekend, the largest cryptocurrency in the world broke the price support level of $100,000.
Thus, the main cryptocurrencies are also following a negative tone, with losses exceeding 2% today.
In the global macroeconomic scenario, Asian markets closed higher, while European indices opened without a clear direction. Wall Street futures, in turn, are showing gains.
Investors are monitoring the escalation of tensions in the Middle East, with the official entry of the United States into the conflict between Iran and Israel.
As a result, there was a worsening in the risk perception among global assets, causing widespread panic — which dissipated throughout the morning of this Monday.
The drop in bitcoin over the weekend to below $100,000 led to over $1 billion in liquidations of contracts in the futures market, according to analysts in the sector. However, the recovery of this psychological support shows the continued appetite of investors for cryptocurrencies.
According to analysts from QCP Asia, the drop was intensified by low liquidity over the weekend, combined with the holiday last Thursday in the United States.
